Diageo Serves a Final Insult

Summary


DRINKS giant Diageo is to press ahead with plans to shed hundreds of jobs after rejecting an alternative plan submitted by Scottish ministers as "unworkable".

In a damning verdict on attempts by politicians to save 900 jobs at its Kilmarnock and Glasgow plants, Diageo executives accused MSPs of failing to understand "the basic economics of our business".

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Extract


Diageo Serves a Final Insult

The company said the proposals - which included the offer of substantial amounts of public money - were not commercially viable and its dialogue on the matter was now "closed".

Those involved in taskforce campaigning to keep the plants open described Diageo's decision as "catastrophic".

The move means ...

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