Diageo saves £60m in supply costs

Diageo, the world's biggest drinks firm, is simplifying its supply and distribution business over the next three years to save £60m a year.

The Johnnie Walker and Guinness maker will cut smaller regional supply networks and rebase them in its 21 key global markets, in a move likely to cost the company an estimated £100m.

It would not say how many jobs might be cut.