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A lawsuit seeking more than £500million has been filed against energy suppliers including British Gas and SSE, with claims that businesses’ costs were unfairly inflated because of “secret commissions” paid to brokers.
TotalEnergies is considering a bid for private-equity backed gas and oil producer Neptune Energy, according to reports over the weekend.
Aberdeen-based oil and gas engineering giant Wood Group is close to opening talks for a £1.66billion takeover by US private equity group Apollo, according to weekend reports.
Chancellor Jeremy Hunt says Britain's economy is "back", and that his strategy for growth has been welcomed at the International Monetary Fund meeting in Washington.
Here are the business stories making the headlines across Scotland and the UK this morning.
A leaked video has emerged apparently showing former SNP leader Nicola Sturgeon playing down worries about the party's finances.
Rent controls and political uncertainty are affecting investor appetite to fund and deliver Build-to-Rent (BtR) homes in Scotland, according to a new report published today.
Just Stop Oil protesters stopped play at the World Snooker Championship on Monday after storming The Crucible theatre in Sheffield and pouring orange powder over one of the tables.
After rejecting four previous offers, Wood Group has agreed to engage with Apollo Global Management after the US private equity firm tabled a firm bid valuing the engineering consultancy at £1.7billion.
Here are the business stories making the headlines both locally and nationally this morning.
Shell has completed the restart of operations at the Pierce field in the UK Central North Sea, following a significant upgrade to allow gas to be produced after years of the field producing only oil.
A sibling of the billionaire brothers who own Asda has completed the purchase of the Bon Accord Centre in Aberdeen.