News

Drinks giant announced plans to cut costs by £200m as Chinese sales decline

AB InBev to regain control of South Korea's Oriental Brewery

Anheuser-Busch InBev, the world’s biggest brewer, is buying back the South Korean brewery it sold to private equity in 2009

SABMiller chairman Graham Mackay dies aged 64

Graham Mackay, the man credited for turning SABMiller into the world’s second-largest brewer, died this morning at the age of 64.

Gangsta cat has to go. Are you ready, polar bears?

More news in the regular soap opera that is my family of cats. Regular readers will remember I adopted a gangsta' cat who had been shot in the mean streets of the Cheltenham hood. We named him Captain Kangaroo and despite him showing gang boss-like tendencies towards our other animals we presumed he'd eventually settle down. But then, two months ago, our other two cats disappeared and having searched high and low we presumed that they had been the victims of a gangland "hit" and were sadly never going to be seen again. Captain Kangaroo was now the undisputed "Cato di tutti Cati" – there was very little we could do but accept the situation.

Diageo offers to sell Whyte & Mackay to dispel competition concerns

Diageo has offered to sell the bulk of the business with the exception of the Dalmore and Tamnavulin distilleries

Strong demand for unpasteurised tank beer boosts Miller Brands sales in the first half

Sales of its Czech Pilsner Urquell brand jumped 17 per cent in the first half

I want your job: Master brewer

Being paid to drink beer? Well, yes, but there's so much more science to being a brewer than that

Diageo began the celebration in 2009

Irish minister pours cold water on Diageo's drinks celebration

Alex White says the firm has 'invented Arthur’s Day' as a 'pseudo-national holiday'

Jim Armitage: Raising a glass to the king of the deal makers

Outlook Time for a final toast to Diageo's Paul Walsh. You may not have liked his penchant for big-game hunting in Africa, or that elephant-sized £18m pay-off, but his palate for a right-priced deal was second to none. Few chief executives, bar perhaps Sir Chris Gent at Vodafone, have so framed the shape of a major British business today with clever deal making.

Sara Barton runs the Brewster's Brewing Company in Grantham

Return of the 'brewsters': New beer drinking 'sisterhood' helping to stimulate thriving real ale market

Women are rising through the ranks at some of Britain's biggest breweries as well as opening new ones

The Olive Branch pub in Clipsham, Rutland, has been named Pub of the Year

The great bar brawl: Rivals clash over ‘bad pub’ closures

Good Beer Guide gets in a froth as rival Good Pub Guide says that 4,000 hostelries deserve to shut

The Business Matrix: Friday 23 August 2013

SABMiller pulls out stops in Africa

Redwell’s beer with a can of the legal aggressor’s Red Bull

A tip for breaking into the market? Get Red Bull lawyers on your case

The energy drink giant has done Redwell a favour with threats of legal action

James Ashton: Rentokil is still not sprung from its trap

Outlook Whenever Rentokil Initial says it is doing better, I smell a rat. This is a company that has flattered to deceive for as long as I have been writing about it. A glance at yesterday's figures shows that underlying revenues are falling, it is enduring tough times in Europe, and it is trying to put in place a more efficient country-by-country operating model. So what's changed?

Cheers Diageo! Walsh walks off with £46m retirement

The former chief executive of Diageo had amassed a shares and pension retirement fund of more than £46m when he stepped down this summer.

Diageo’s luxury brands mask Guinness slump

Britons are splashing out on upmarket spirits like Ciroc vodka — a favoured tipple of Prince Harry — even as Guinness sales struggle, the world’s biggest drinks company said today.

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Louis Theroux's affable Englishman routine begins to wear thin

By Reason of Insanity

Louis Theroux's affable Englishman routine begins to wear thin
Power dressing is back – but no shoulderpads!

Power dressing is back

But banish all thoughts of Eighties shoulderpads
Spanish stone-age cave paintings 'under threat' after being re-opened to the public

Spanish stone-age cave paintings in Altamira 'under threat'

Caves were re-opened to the public
'I was the bookies’ favourite to be first to leave the Cabinet'

Vince Cable interview

'I was the bookies’ favourite to be first to leave the Cabinet'
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe
Number plates scheme could provide a licence to offend in the land of the free

Licence to offend in the land of the free

Cash-strapped states have hit on a way of making money out of drivers that may be in collision with the First Amendment, says Rupert Cornwell
From farm to fork: Meet the Cornish fishermen, vegetable-growers and butchers causing a stir in London's top restaurants

From farm to fork in Cornwall

One man is bringing together Cornwall's most accomplished growers, fishermen and butchers with London's best chefs to put the finest, freshest produce on the plates of some of the country’s best restaurants
Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes

Robert Parker interview

The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes
Don't believe the stereotype - or should you?

Don't believe the stereotype - or should you?

We exaggerate regional traits and turn them into jokes - and those on the receiving end are in on it too, says DJ Taylor