Here are the business stories making the headlines across Scotland and the UK this morning.
Farage: We must ‘reindustrialise’ Britain
Britain should produce its own gas, oil and steel and “reindustrialise”, Nigel Farage has said.
Speaking at the Alliance for Responsible Citizenship conference in London, the Reform UK leader criticised net zero and said the UK should aim to become an “energy exporter”.
His comments come as Reform continues to surge in popularity, with the party notching up more than 200,000 members earlier this month and topping The Telegraph’s poll tracker.
JG Ross announce closure of their Stonehaven shop
JG Ross have announced their Stonehaven bakery will close its doors later this week.
The Barclay Street shop will have its final day on Friday.
This comes as the company rolls out a “major refurbishment programme” across their shops.
Read the full story here.
Energy bills forecast to rise by £85 a year
Domestic energy prices are forecast to rise by 5% from April, adding £85 a year to household bills, according to consultancy Cornwall Insight.
The forecaster, which is widely regarded for its accurate predictions, said a household using a typical amount of gas and electricity would pay £1,823 a year.
The figures emerged as Energy Secretary Ed Miliband wrote an urgent letter to Ofgem, the regulator which sets the price cap, asking it to move quickly to protect consumers.
Click here to read more.
Thames Water secures £3bn lifeline after court ruling
Thames Water has won a crucial High Court battle to secure a £3billion rescue loan, staving off the prospect of the debt-laden company coming under government control.
The UK's largest water and waste company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.
The court decision on Tuesday has given Thames breathing space to undergo a major restructuring, but the future of the company remains uncertain as it struggles with £19billion worth of debt and the ruling is set to be appealed.