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Diageo shares bounce back as new CEO Dave Lewis lifts spirits with $1bn savings plan

The Guardian

BusinessThe Guardian·Aug 6, 2026·1 min read

Diageo shares bounce back as new CEO Dave Lewis lifts spirits with $1bn savings plan

Ex-Tesco boss known as ‘Drastic Dave’ for his cost-cutting zeal pledges more of the same at flagging Guinness owner Shares in Diageo have bounced after the Guinness owner’s chief executive, “Drastic Dave” Lewis, passed the first big test…

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