Here are the top business stories making the headlines in the morning newspapers.
Welcome news on energy bills
British households will see a significant fall in domestic energy bills from July after the regulator today cut its price cap.
A typical household will now pay £2,074 a year on its gas and electricity bill - £426 a year less than currently.
It will mark the end of a UK Government guarantee which, since October, has limited the typical bill to £2,500.
The BBC says it could also signal the return of competition to the market, with people able to shop around for the best deal.
Regulator Ofgem sets the maximum price that can be charged per unit of gas and electricity to households on variable or default tariffs.
Trademark battle over TV duo's whisky
The comedy duo who named a Scotch blend after their most famous characters have won a trademark battle with US whiskey giant Jack Daniel's.
Greg Hemphill and Ford Kiernan launched Jack and Victor in 2021 in honour of the Still Game pensioners.
The popular TV sitcom aired its ninth and final series in 2019.
The UK Intellectual Property Office found in favour of Jack and Victor and said the trademark could proceed to registration.
The BBC says Hemphill and Kiernan had applied to register Jack and Victor as a trademark for whisky and other drinks-related services, but Jack Daniel's lawyers opposed the application.
Jack Daniel's, a Tennessee whiskey, has registered trademarks in the UK for terms including "Jack" and "Gentleman Jack".
Where is the energy capital?
Aberdeen’s claim as the jewel in the crown of the UK’s energy industry has been called into question.
Attendees at a southern North Sea conference heard that the East of England’s gas, wind and nuclear supplies mean it is the true “energy capital” of the UK.
Martin Dronfield, executive chairman of the East of England Energy Group, laid down the gauntlet in a move that will undoubtedly ruffle a few feathers in the Granite City.
Energy Voice says Aberdeen has long billed itself as the oil and gas capital of Europe, and there are ambitions to be the same again for the energy transition.
Scottish road deaths
The number of people who died on Scotland's roads last year was the highest since 2016.
Figures from Transport Scotland revealed 174 people lost their lives in 2022, compared with 141 the previous year.
The number of fatalities in crashes involving cars nearly doubled from 55 in 2021 to 101.
But deaths involving motorcyclists, pedestrians and cyclists fell, according to provisional figures.
Road crash casualties fell dramatically during the Covid-19 pandemic in 2020, as travel restrictions led to lower traffic volumes.
The BBC says that, since then the figures have been rising, although they remain relatively low compared with historical averages.
Fresh warning over AI
The former chief executive of Google has warned that artificial intelligence (AI) has the potential to harm or kill “many many people” in the near future.
The Telegraph says Eric Schmidt is concerned about the rapidly-evolving technology and warned that it would be difficult to contain.
“My concern with AI is actually existential, and existential risk is defined as many, many, many, many people harmed or killed. And there are scenarios, not today but reasonably soon, where these systems will be able to find zero-day exploits, cyber issues or discover new kinds of biology,” said Mr Schmidt.
“This is fiction today but the reasoning is likely to be true. And when that happens we want to be ready to know how to make sure these things are not misused by evil people.”
New Scottish ferries from Turkey on time
Four new ferries being built in Turkey for Scottish west coast routes are on course to be finished on time and on budget, ferry owner CMAL has said.
All of the ships are due to be delivered to Scotland by 2025.
Milestones were reached on Wednesday with the keel-laying of the second of two Islay ferries and steel-cutting of the first of two for the Little Minch.
The work comes against a backdrop of frustration among island communities at the state of west coast services.
The BBC says there has also been controversy over the procurement process, delays and costs of two Clyde-built ferries.
Soup success for Elgin pupils
Five creative Elgin Academy pupils have cooked up a storm with a new curried chicken and vegetable soup recipe for Baxters.
Students across Moray were set the annual challenge of devising a product to stock on the shelves.
However, it had to be more than just get the taste buds going - they also had to calculate a costed business and marketing plan to promote their soup.
The Press & Journal says nearly 1,000 S2 pupils took part in the soup competition, with top chefs and marketing experts from Baxters running expert analysis over the entries.
And it was the team of Kyle Grant, Katie Ross, Robbie Campbell, Marley Tait and Olivia Stewart from Elgin Academy who created the winning soup, which not only tasted good but had clear health benefits.
Renewable energy is profitable for SSE
Energy company SSE's operating profits have soared to £2.53billion.
The Perth-based firm credited renewable energy projects for a rise of £1.37billion on its figures for 2021/22.
It also set out ambitious plans for the next decade and said it was recruiting for more than 1,000 green jobs every year.
SSE boss Alistair Phillips-Davies said the company's results represented "profit with a purpose".
He added: "They enable us to deliver record investment - far in excess of our earnings - in vital low-carbon energy infrastructure."
Mr Phillips-Davies said the company had a fully-funded £18billion investment plan covering the five years to 2027.
The BBC says SSE hopes to invest up to £40billion across the decade to 2031/32.