Category Business

Diageo expects to save €718m after profits fall

Guinness beer maker Diageo is set to expand its cost-cutting plans after reporting a fall in profits following a “challenging year” during which the previous boss stepped down. It comes after the company, also known for Johnnie Walker whisky and…

Aer Lingus owner IAG beats second-quarter profit expectations

Aer Lingus parent IAG on Friday reported better-than-expected second-quarter profit on strong demand for its transatlantic routes despite concerns about the fallout from US President Donald Trump’s tariff war. European carriers have largely avoided tariff worries, with Air France-KLM and…

Gary Neville says UK business environment ‘really tough’

Former footballer and businessman Gary Neville said conditions were “really tough” for UK companies due to rising costs and low profitability. After finishing his career with England and Manchester United, he built up a significant business empire, including commercial property,…