Diageo to invest 1bn to meet rising demand for whisky

Diageo, the FTSE 100 alcoholic drinks giant, has unveiled plans to substantially boost its whisky production by between 30 and 40 per cent to make the most of soaring global demand for Scotch.

Diageo, the FTSE 100 alcoholic drinks giant, has unveiled plans to substantially boost its whisky production by between 30 and 40 per cent to make the most of soaring global demand for Scotch.

The Johnnie Walker and Bell's whisky owner will spend £1.0bn on a new malt distillery and expand its bottling capacity at its existing distilleries as part of a five-year expansion programme. A second distillery will be built if global demand requires it.

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