SSE invests four times more than it makes in profits

SSE has reported adjusted profit after tax of £450m, up from £111m at the same point in 2021, in its half-year results.

The report covering the six months ended 30 September also shows earnings per share of 41.8p, in line with pre-close guidance. Full year guidance is unchanged from May, with earnings of at least 120p expected.

The board has therefore recommended an interim dividend of 29p, payable on 9 March.