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The Latest Breaking News from Diageo

Sponsors Flee After Kanye Booking—PepsiCo, Diageo, and PayPal Pull Out Before Festival Cancelled

Kanye West UK ban triggers Wireless Festival cancellation after sponsors pull out, leaving fans facing losses and raising questions over celebrity controversy and event risks.

International Business Times UK

Is Kanye West Banned From Performing in UK? Boss's Defiant Defence as Five Major Sponsors Pull Out

Kanye West will keep his headline slot at London's Wireless Festival despite backlash and sponsor withdrawals, with Festival Republic defending the decision.

International Business Times UK

Kanye West Breaks Silence On Wireless Festival Fallout As David Schwimmer Slams Rapper And Sponsors Pull Out

Kanye West’s show of remorse came after politicians and stars like David Schwimmer slammed the UK festival’s organizers for choosing him to headline.

Bored Panda

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Government considering whether Kanye West should enter UK after antisemitic comments

Presale tickets for Wireless Festival are released at 12pm on Tuesday

The Independent UK

Kanye West backlash escalates in UK as festival organiser defends booking - West issues statement

Wireless Festival organiser has defended the booking of Kanye 'Ye' West for this summer’s headline slot, while more sponsors drop out of the festival. Questions remain over whether the controversial rapper will be able to enter the UK. West has now issued a statement of his own.

Euronews

All the brands that have backed out of major festival since Kanye West was booked as the headliner

Controversial rapper was announced as the top act of London’s Wireless Festival, sparking significant backlash

The Independent UK

Kanye West Wireless Festival Faces Sponsor Collapse after Anti-Semitic, Nazism Row as Pressure Mounts on UK Entry Ban

Pepsi and Diageo have withdrawn sponsorship from Wireless Festival 2026 following the booking of Kanye West. Prime Minister Keir Starmer has condemned the move as pressure for a UK entry ban grows.

International Business Times UK

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Wireless Festival hit by second sponsor exit as Diageo and Pepsi pull support over Kanye West booking

Wireless Festival has lost two major sponsors after backlash over Kanye West being booked to headline all three nights of the 2026 event.

BANG Premier

Keir Starmer 'deeply concerned' by upcoming Kanye ‘Ye’ West UK gigs as sponsors pull out of festival

Kanye ‘Ye’ West, who has previously been criticised over his antisemitic remarks, will top the bill for all three nights of the upcoming Wireless Festival in the UK. The Prime Minister has expressed concerns over this booking, and several top tier sponsors are already backing out...

Euronews

Stout clobber? Guinness tie-up features £1,295 ‘pub carpet’ jumper

The brand has enlisted JW Anderson to help brew a 17-piece range of luxury fashionwear, from ‘beer towel’ shorts to branded trousers and tops

The Guardian - UK

Drastic Dave goes vague at Diageo

There is no point in offering hostages to fortune, but the lack of detail suggests turning around drinks group could be a long job

The Guardian - UK

HSBC reclaims top spot as FTSE 100 hits new high

The FTSE 100 index ended up 1.2% at 10,806.41, a record close.

Evening Standard

Diageo slashes dividend and vows to address Guinness shortage in London

Drinks maker reduces sales and profit forecast for second time in four months amid weak demand in US and China

The Guardian - UK

Tesco plans head office shake-up with 180 jobs cut, but new roles created

The UK’s biggest supermarket said it recognises the changes will come as ‘difficult news’ to staff members affected by its proposals.

Evening Standard

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Evening Standard

Diageo cuts outlook and slashes dividend as new boss takes the reins

Former Tesco chief executive Sir Dave Lewis, who took the helm in January, said there was ‘significant work ahead’ in turning Diageo around.

Evening Standard

FTSE 100 Live 25 February: HSBC leads index to new record, Diageo slides on dividend cut

A results-day surge for HSBC shares today helped the FTSE 100 index set a new record.

Evening Standard

FTSE 100 climbs on strong retail sales data

It comes as the US Supreme Court ruled that President Donald Trump exceeded his authority in imposing a swathe of tariffs that upended global trade.

Evening Standard

Sir Dave Lewis to shed light on plans to turn around Guinness maker Diageo

He will unveil the group’s half-year results on Wednesday in his first update since being appointed as chief executive in January.

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Creative Bloq

Why D&AD Shift should be on every creative's radar

Free night school Shift continues to shake up the industry, I went to its 2025 London showcase to find out more.

The Independent UK

Landlords issue £10 pint of Guinness warning as maker hikes prices again

Draught prices are set to increase by 5.2 per cent

The Guardian - UK

Guinness and Johnnie Walker owner Diageo ‘could sell Chinese assets’

Reported move would be part of new CEO Dave Lewis’s streamlining of world’s largest spirits maker

The Guardian - UK

Cream of the crop: small brewers take on Guinness with rival ‘nitro’ stouts

Independents muscle in on craze for the black stuff with dark beers that use same nitrogen process as Irish favourite

Evening Standard

FTSE 100 retreats amid weak metal and oil prices

The FTSE 100 index closed down 74.52 points, 0.7%, at 10,048.21.

The Guardian - US

‘Stock up’: Ontario premier promises to banish Crown Royal whisky from province

Doug Ford’s move comes after Diageo announced plan to shutter Ontario whisky plant and move operations to US

The Guardian - UK

Scottish whisky market slides into supply glut amid falling sales and US tariffs

Global sales fall by 3% in third consecutive year of decline as distilleries scale back production or expand storage

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