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Diageo to relocate its global headquarters  

DIAGEO has announced the relocation of its global headquarters from its current building in Park Royal, NW10, to a new central London site, 16 Great Marlborough Street, W1.

The spirits company will bring together all 900 employees across its London-based operations to the new site by the Spring of 2021 when the current lease in Park Royal ends.


Besides the headquarters and a Customer Collaboration Centre in NW10, Diageo has offices at Golden Square and St James’s Street in the capital.

The move will reduce its combined 200,000 square feet of office space to a 105,000 square foot building.

“We are excited to be bringing our people together at last under one roof and closer to our consumers,” said Mairéad Nayager, chief human resources officer at Diageo.

“Our new headquarters will provide the most inclusive of working environments for all of our people and enable us to retain and attract the best talent in the future.”

The company said the new headquarters will include an immersive customer collaboration centre and brand experience. A dedicated retail centre will also be open to the public at the new site, enabling consumers to purchase the company’s brands.

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Scotch whisky production slows as tariffs and weak demand bite

The first half of this year showed Scotch exports worth £2.5bn

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Scotch whisky production slows as tariffs and weak demand bite

Highlights

  • American tariffs adding 10 per cent to costs, with further 25 per cent charge on single malts expected next spring.
  • Barley demand slumped from up to 1 million tonnes to 600-700,000 tonnes expected next year.
  • Major distilleries including Glenmorangie and Teaninich have paused production for months.
Scotland's whisky industry is facing a sharp downturn in production as it adapts to challenging market conditions worldwide, with US tariffs and weakening global demand forcing major distilleries to halt operations.

Tariffs introduced under the Trump administration have added 10 per cent to importers' costs in the industry's biggest export market.

American tariffs on single malts, suspended four years ago, are expected to return next spring with a further 25 per cent charge unless a deal is reached.

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