Diageo shares jump as 'Drastic Dave' unveils £740m cost-cutting drive

Dave Lewis, the former Tesco chief executive known as 'drastic Dave', will provide some clarity on his strategy, after reports that staff have been told of plans for considerable cuts. Dave Lewis, the former Tesco chief executive known as 'drastic Dave', will provide some clarity on his strategy, after reports that staff have been told of plans for considerable cuts.