The Perth-based firm made £714million in pre-tax earnings in the six months to September, latest financial results show.

SSE tariffs will rise by 33% from 1 June while Budget prices will go up by 27% from 27 May. The price rises had been expected after rival firm Electric Ireland announced a 30% increase last month.

Energy supplier SSE says it has been in talks with the owner ... their standard variable tariffs. Combining the two would mean they could cut costs, so there's a danger of job losses.

Klair Neenan, managing director of SSE Airtricity, said: “We are pleased to be in a position to announce this tariff reduction for our customers and we hope that today’s announcement is good n ...