Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDiageo Share News (DGE)

Share Price Information for Diageo (DGE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,756.00
Bid: 2,755.50
Ask: 2,756.00
Change: 27.00 (0.99%)
Spread: 0.50 (0.018%)
Open: 2,744.50
High: 2,777.00
Low: 2,744.00
Prev. Close: 2,729.00
DGE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Diageo Staff Vote In Favour Of Strike Amid Pay Dispute

Fri, 16th Aug 2019 17:44

(Alliance News) - Workers are planning to strike at sites owned by the UK's largest producer of whisky amid a dispute over pay.

Unite members have voted in favour of industrial action, likely to be from September to November, at three of Diageo PLC's distilling and bottling plants.

The move comes after members turned down a 2.8% pay rise that would not include a "product allowance" increase for employees allowed to take more of the firm's merchandise without paying.

Bob MacGregor, regional industrial officer for the union, said: "Unite has received a clear and strong mandate for industrial action from our membership in Diageo's largest distilling and bottling plants in Scotland.

"The recent announcement in July of an increase in pre-tax profits to GBP4.2 billion alongside Diageo's refusal to give a fair pay award has rightly infuriated the workers.

"Unite would urge Diageo to get back round the negotiating table with a new offer which fairly rewards its workers, who have earned these massive profits for the company.

"If they do not, then Diageo's operations will needlessly grind to a halt in the coming weeks."

Staff at the Leven, Cameronbridge and Shieldhall premises previously rejected a 2.5% pay rise and increase in their "product allowance".

Diageo operates 28 malt distilleries in the UK, accounting for nearly one-third of the industry's capacity.

The drinks company's catalogue of brands includes Smirnoff, Baileys, Johnnie Walker, Guinness, Tanqueray and Gordon's.

David Beckham's Haig whisky is among those produced at the Cameronbridge site.

A Diageo spokeswoman said: "We have well developed contingency plans in the event of industrial action but remain committed to seeking a resolution and ensuring our employees receive an increase on their pay, alongside maintaining the competitiveness of our operations.

"We are a very good employer and aim to ensure our staff are rewarded competitively; our pay and benefits for our bargaining group employees are in the top quartile for manufacturing in Scotland."

source: PA

More News
28 Jun 2023 07:57

LONDON BRIEFING: Stocks called up; boohoo has concerns with Revolution

(Alliance News) - Stocks in London were called to open higher on Wednesday after surprisingly resilient economic data for the world's largest economy on Tuesday helped lift market mood.

Read more
27 Jun 2023 20:18

Diageo ends business relationship with Sean 'Diddy' Combs

(Alliance News) - Spirits maker Diageo PLC has confirmed it is ending its relationship with Sean "Diddy" Combs, after the US rapper launched legal action against the UK-based firm and accused it of racism.

Read more
20 Jun 2023 09:35

LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning on Monday:

Read more
15 Jun 2023 09:12

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
15 Jun 2023 07:55

LONDON BRIEFING: Stocks set lower after US Fed decision, ahead of ECB

(Alliance News) - Stocks in London were set to open lower on Thursday, after the US Federal Reserve paused its interest rate hikes but indicated that more will follow this year.

Read more
12 Jun 2023 09:19

LONDON BROKER RATINGS: Goldman Sachs cuts Great Portland to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
9 Jun 2023 08:53

Diageo appoints Debra Crew as CEO following the death of Ivan Menezes

(Alliance News) - Diageo PLC on Friday announced the appointment of Debra Crew as chief executive officer after Ivan Menezes' recent death.

Read more
7 Jun 2023 09:42

LONDON BROKER RATINGS: Goldman cuts Croda to neutral; Davy likes Wise

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
7 Jun 2023 09:10

LONDON MARKET OPEN: Stocks head lower amid global growth fears

(Alliance News) - Stock prices in London opened in the red on Wednesday, as concerns about interest rate hikes and a global economic slowdown damped risk appetite.

Read more
7 Jun 2023 08:04

TOP NEWS: Diageo CEO Ivan Menezes dies after brief illness

(Alliance News) - Diageo PLC on Wednesday announced that Chief Executive Officer Ivan Menezes has died, following a brief illness.

Read more
7 Jun 2023 08:01

Diageo CEO Ivan Menezes passes away

(Sharecast News) - Drinks company Diageo said on Wednesday that chief executive Ivan Menezes has passed away at the age of 63 following a brief illness.

Read more
7 Jun 2023 07:52

LONDON BRIEFING: UK house prices fall; Diageo CEO Ivan Menezes dies

(Alliance News) - Stocks in London are called to open flat on Wednesday, as Chinese trade data raised concerns about a global economic slowdown.

Read more
6 Jun 2023 13:51

Citi trims target price on Diageo

(Sharecast News) - Citi has cut its price target for drinks giant Diageo on weaker US trading.

Read more
6 Jun 2023 09:30

LONDON BROKER RATINGS: RBC ups Anglo American; Berenberg likes Renew

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
6 Jun 2023 07:41

Broker tips: Anglo American, Auto Trader, Diageo

(Sharecast News) - RBC Capital Markets upgraded Anglo American on Tuesday to 'outperform' from 'sector perform' and lifted the price target to 2,700 from 2,500p.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.