Scottish Business Briefing - Thursday 10 October
ENERGY
SSE to raise gas and electricity prices by 8.2%
SSE customers will see an average 8.2% rise in gas and electricity prices from 15 November, the company has announced. (Scotsman)
FOOD, DRINK & AGRICULTURE
Poor 2012 summer hit Highland Spring profits
MINERAL water producer Highland Spring suffered a tumble in profits last year as the 2012 “summer that didn’t happen” prompted heavy promotional activity to support planned sales growth.
(Herald)
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Hunter Boot seeks to overcome drop in sales
Hunter Boot, the Edinburgh-based maker of the iconic wellington, has seen its annual profits fall by more than a third but is embarking on an investment strategy aimed at creating a “strong platform” for growth. (Scotsman)
WH Smith to hand £50m to investors as profits rise
Retail chain WH Smith today unveiled plans for a fresh £50 million share buyback scheme as it delivered a 6 per cent rise in annual profits. (Scotsman)
TRANSPORT & INDUSTRY
BAE hails ‘vibrant’ international market activity
Defence contractor BAE Systems today said activity in the international market remains “vibrant” and it hopes to conclude talks over a fighter jet order with Saudi authorities before the end of the year. (Scotsman)
MEDIA, TECH & LEISURE
Optos back on road to recovery with US deal
DUNFERMLINE-based Optos has agreed a deal that will see the first of its Daytona eye scanning machines operating in the United States. (Scotsman)
The Fracking Question - 11th December - Edinburgh
Join us as we hear how fracking challenges the basic premise of the UK energy story – resources are declining and prices are rising. The conference will look at the current and potential impacts of fracking on a local and global scale.
Early bird discount ends Friday 11th of October. Visit (the Scotsman Conferences) website for more details.