Power Players: What's next for Guinness owner Diageo?

Power Players: What's next for Guinness owner Diageo?

Author: BBC World Service August 12, 2026 Duration: 18:00

Diageo, the company that owns Guinness, Smirnoff, Johnnie Walker and more than 200 drinks brands worldwide, has announced a major reset after a tough couple of years in which its profits have fallen and its share price has struggled. British businessman Sir Dave Lewis has been brought in to steer a turnaround, including a $1bn savings plan over the next three years. Known as "Drastic Dave" for cost-cutting at other companies, can he revive growth as more consumers drink less alcohol or switch from global brands to local ones?

Presenters: Will Bain and Rahul Tandon Producer: Gideon Long

(Picture: People drink Guinness at The Devonshire pub in Soho, London. Credit: REUTERS/Hollie Adams)


Behind the headlines and market numbers, there’s a human story. Business Daily from the BBC World Service digs into those stories, exploring how the forces of money and work shape lives and communities across the globe. This isn't just a recap of financial news; it’s about the tangible impact of economic decisions, from a factory floor in Vietnam to a tech startup in Nairobi. Each episode focuses on a single, compelling narrative, offering a clear and thorough examination of how business and economics function in the real world. You’ll hear directly from the people involved-entrepreneurs facing unexpected hurdles, workers adapting to new industries, and analysts deciphering local trends with global consequences. The reporting is grounded and precise, reflecting the BBC’s commitment to depth and clarity. By focusing on the daily drama inherent in our economic systems, this podcast makes the vast subject of business feel immediate and personal. Tune in for a thoughtful perspective that connects economic concepts to everyday reality, providing a deeper understanding of the world through the lens of commerce and labor.
Author: Language: English Episodes: 50

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