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Diageo

  • Harry, Meghan and the case for shared parental leave

    May 8, 2019

    While the parents of the new royal baby might be exempt from a traditional nine to five job, it’s no surprise that their first-born child will still have a massive impact on their ability to fulfil royal duties. A member of the royal family is in a better position than others to spend time with [...]

  • UK’s biggest companies pull away as profits for rest of pack plunge

    May 8, 2019

    Average profits at the UK’s 40 biggest companies rose by 11 per cent in the first quarter of the year while those outside the group saw a fall of 18 per cent, new analysis has shown, laying bare a stark division in the fortunes of British companies. Read more: 'Zombie firms' dragging down UK economy, [...]

  • Nine UK shares that tick all of Warren Buffett’s boxes

    March 26, 2019  |  City Talk

    By Kyle Caldwell from interactive investor. Looking for equity-based ISA inspiration? We run through the investment checklist of the Berkshire Hathaway chairman to identify UK shares that pass his stockpicking rules. American investor Warren Buffett is to the world of investment what Lionel Messi is to football: the greatest of his generation in the profession [...]

  • Despite 2018’s woes, could the year of the pig be a sign of good fortune for Chinese equities?

    February 5, 2019

    Chinese stock markets were dogged with problems last year – pretty fitting given that it was the year of the dog. The country grappled with slower growth, a mountain of debt, and a trade war with the US, creating a tough environment for Chinese equities. The MSCI China index slumped by 14 per cent in [...]

  • Drinks giant Diageo boosts sales and profits

    January 31, 2019

    Drinks conglomerate Diageo boosted both profit and sales in the first-half of its financial year and announced a £660m share buyback. The maker of drink brands such as Smirnoff vodka and Johnnie Walker whisky, said net sales increased 5.8 per cent to £6.9bn with organic growth partially offset by unfavourable exchange. Reported operating profit was [...]

  • Diageo looks to key American market as it hopes price hikes will raise spirits

    January 27, 2019

    Drinks giant Diageo will be hoping for a strong performance in the US when it reveals its results later this week, with price hikes expected to boost margins. The British brewer, whose brands include Guinness, Smirnoff and Johnnie Walker, will be eyeing a boost in sales of vodka and whiskey in the crucial North American [...]

  • Brexit, ad fraud and #MeToo – what does the future year hold for the marketing industry?

    January 7, 2019

    We are out of the cold December of 2018, and have now entered the, well, even colder January of 2019. Last year was a momentous one for the marketing industry – there was the fall and rise again of adland stalwart Martin Sorrell; the European Union’s General Data Protection Regulation (GDPR) finally came into force; [...]

  • Mark Kleinman: Come in Houston, just as UK audit reforms bite

    December 14, 2018

    Talk about a hospital pass. Richard Houston, Deloitte’s consulting chief, might be forgiven for feeling a bit like Theresa May this week. Houston’s is the solitary name on a ballot open to partners at the Big Four accountancy firm’s UK operation as it seeks to elect a successor to David Sproul, its chief executive for [...]

  • Bottoms up: Diageo sells off Seagram’s and other booze brands for $550m to US rival Sazerac

    November 12, 2018

    British brewer Diageo is set to shift 19 brands out of its drinks cabinet for a total of $550m (£428.1m) in order to focus on classier tipples, it said today. The company behind drinks such as Guinness and Smirnoff will sell the brands to US rival Sazerac, parting with brands Seagram’s VO, Seagram’s 83, Seagram’s Five Star, Myers’s Rum, [...]

  • FTSE 100 roundup: Today’s winners and losers

    November 2, 2018

    The FTSE 100 lost ground today, with the index down 8.05 points at 7,106.61 shortly before the market close. Markets globally reacted positively to suggestions that the US and China may be coming towards a deal to end their recent trade war. However, looking at the week just gone, it appears that the FTSE 100 [...]

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