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Scottish Business Briefing - Thursday 10 October

Highland Spring: Poor 2012 hits profits. Picture: Alan Richardson

Highland Spring: Poor 2012 hits profits. Picture: Alan Richardson

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.

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)

Read all today’s energy news from scotsman.com

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.

({http://www.heraldscotland.com/business/company-news/poor-2012-summer-hit-highland-spring-profits.22383018|Herald|Link to article})

Read all today’s transport and industry news from scotsman.com

RETAIL

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)

Read all today’s retail news from scotsman.com

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)

Read all today’s transport and industry news from scotsman.com

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)

Read all today’s media. tech and leisure news from scotsman.com

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.

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