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Exec committee switch at Diageo as supply chief David Cutter steps down

Diageo has announced an internal promotion to its executive committee, with supply & procurement head David Cutter set to leave the company.

Diageo has said it has contingency plans in place after workers at its Scottish production sites scheduled two days of strikes for later this month.

Diageo has confirmed its intention to close a South Korean plant, citing its underuse.

Diageo has said it is prepared for strikes at its Scottish manufacturing facilities after a second trade union voted in favour of industrial action.

Diageo has slightly increased its United Spirits holding, raising its stake in the Indian distiller to 55.2%.

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