Today: 25 May 2026
Hogmanay power cut fears: Edinburgh’s Grassmarket pubs demand fixes after repeat blackouts
1 January 2026
2 mins read

Hogmanay power cut fears: Edinburgh’s Grassmarket pubs demand fixes after repeat blackouts

NEW YORK, December 31, 2025, 19:52 ET

  • Edinburgh Grassmarket hospitality venues say repeat outages have hit Christmas trade and raised fears of disruption on Hogmanay.
  • SP Energy Networks said an intermittent fault triggered protective equipment and cut supply in the Old Town this week.
  • Business operators have urged the network firm to set out a timetable for upgrades and contingency plans.

Edinburgh pubs and restaurants in the Grassmarket have warned that further electricity outages could hit Hogmanay, after repeated blackouts disrupted trade during the festive period.

The timing matters for the city’s hospitality industry because Hogmanay — Scotland’s New Year celebrations — is among the busiest nights of the year, with venues relying on packed bars and restaurants.

Operators say the disruption goes beyond lost takings. They say repeated outages risk turning customers away, forcing cancellations and harming Edinburgh’s reputation as a New Year destination.

SP Energy Networks said an intermittent fault triggered protective equipment on Tuesday, cutting power for about an hour in the afternoon and again in the early evening, before supply tripped again on Hogmanay morning.

A “power trip” is an automatic shutdown designed to protect the network when it detects a problem. In this case, the company said low-voltage fuses operated — a safety measure that can cut supply if the system senses an electrical fault.

The Grassmarket Hospitality Operators group said around 30 venues had been affected and that it had written to SP Energy Networks chief executive Nicola Connelly, copying the City of Edinburgh Council’s chief executive Paul Lawrence and Scottish Culture Secretary Angus Robertson. “Grassmarket businesses have reported a repeated loss of power, but the longstanding issue remains unresolved,” said Louise MacLean, business development director at Signature Group, a Scottish hospitality operator. The Independent

The group has asked for a clear timetable for network reinforcement and contingency measures to reduce disruption during winter peak periods, according to the reports.

SP Energy Networks said its staff were going door-to-door in the Grassmarket to reassure businesses and would have extra engineers on standby through the bells and into the early hours, while it worked to resolve the fault.

The issue follows an earlier December outage that the company said was traced to a low-voltage cable joint failure near Kings Stables Road Lane, with supply temporarily restored via alternative feeds while engineers investigated.

SP Energy Networks is the electricity distribution operator — the firm that owns and maintains the local cables and substations — across the Central Belt and the south of Scotland, and it serves about 2 million customers in that region, a 2023 filing to regulator Ofgem said.

The company says it moves electricity over its network but does not sell power or send bills to customers, roles handled by retail suppliers.

In Scotland, another major distribution operator, Scottish and Southern Electricity Networks, delivers electricity across the north of Scotland and parts of southern England, underscoring the scale of grid operations that underpin local trading districts.

For Grassmarket operators, the immediate focus is on keeping tills and kitchens running through peak holiday trading, and on securing a timeline for longer-term fixes. SP Energy Networks has said it would meet affected groups in the new year to discuss investment plans and steps to reduce future disruption.

Stock Market Today

  • Upwork (UPWK) Valuation Under Pressure Amid Client Declines and Pomerantz Investigation
    May 24, 2026, 10:56 PM EDT. Upwork (UPWK) faces scrutiny from Pomerantz LLP after its Q1 2026 report showed declining active clients and flat gross service volume (GSV). The stock has slumped 55.65% year-to-date despite a recent 7.71% rebound. Over five years, total shareholder returns dropped 81.3%, contrasting with a 12.1% gain over three years. The market currently values Upwork at $8.80, well below a $21.40 fair value estimate, reflecting uncertainty over AI-driven growth and enterprise adoption. Upwork is ramping AI-powered services, boosting contract spend and user experience, with a 38% increase in AI-related clients and 30% growth in AI GSV. However, risks include client spending recovery and integration of recent acquisitions. Investors face a split outlook on whether valuation reflects a reset opportunity or factors in growth challenges.

Latest articles

Netflix Stock Is Paused for Memorial Day. Wall Street Is Watching Its $3 Billion Ad Bet

Netflix Stock Is Paused for Memorial Day. Wall Street Is Watching Its $3 Billion Ad Bet

25 May 2026
Netflix shares closed at $88.60 Friday, down 0.8% for the day but up 1.8% for the week, outperforming the Nasdaq Composite. The company told advertisers its ad-supported plan now reaches over 250 million monthly viewers and will expand to 15 more countries in 2027. First-quarter revenue rose 16% to $12.25 billion. The board approved an additional $25 billion in share buybacks.
ServiceNow Bounces; Investors Look to Post-Holiday Moves

ServiceNow Bounces; Investors Look to Post-Holiday Moves

25 May 2026
ServiceNow shares closed at $102.13 Friday, up 2.45% on the day and 7.4% for the week after a sharp Monday rally. Shareholders approved a 38 million-share increase to its equity incentive plan. BofA reinstated coverage with a Buy rating and a $130 price target. U.S. markets are closed Monday for Memorial Day.
Stellantis Stock in Focus After $70 Billion Move Going Into Holiday Week

Stellantis Stock in Focus After $70 Billion Move Going Into Holiday Week

25 May 2026
Stellantis shares closed at $7.61 in New York Friday, up 0.66%, after CEO Antonio Filosa’s first strategy pitch and a volatile week. The company unveiled a five-year plan targeting 190 billion euros in revenue by 2030 and 6 billion euros in annual free cash flow. Milan shares rose 3.19% but remain down nearly 12% for the month. U.S. trading pauses for Memorial Day, with European markets open Monday.
Palantir (PLTR) Stock Slips After Close as Tech Weakness Ends 2025 — What Traders Watch Next
Previous Story

Palantir (PLTR) Stock Slips After Close as Tech Weakness Ends 2025 — What Traders Watch Next

Oklo stock ends 2025 near $72: what’s driving OKLO and what investors watch next
Next Story

Oklo stock ends 2025 near $72: what’s driving OKLO and what investors watch next

Go toTop