Investment bank, WestLB Panmure, has upgraded its recommendation on the UK drinks group, Diageo, from “neutral” to “buy” in anticipation of the publication of the group’s first half results next week.

“Undoubtedly, the stock could prove to be quite volatile in the run up to the results. Given our understanding of the company’s competitive advantages, we believe that any weaknesses in the price are a buying opportunity,” WestLB said.

Just Drinks Excellence Awards - Nominations Closed

Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
ROBOT Kombucha by Net Zero Foods has won the Innovation Award in the Probiotic Beverages category in the 2025 Just Drinks Excellence Awards. Discover how this AI-developed, 100% organic, low-sugar probiotic cola is reshaping gut-health drinks while championing bee-friendly, sustainable sourcing.

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