Diageo unions demand 5% pay rise as they prepare for strikes - source

(Reuters) - Unions at Diageo are demanding a 5% pay rise for workers due to go on strike in Scotland later this month and believe the stoppages will cost the drinks company 1 million pounds ($1.2 million) a day, a source familiar with the matter said.A Diageo spokeswoman confirmed that the unions had initially demanded 5% pay hikes when talks started in May, but had since come down to 3.5%. The source said that the unions "never" agreed to settle at 3.5% and that their previous demand still..