Here are the top business stories making the headlines in the morning newspapers.

More frequent changes to energy-bill cap

Household energy bills will change every three months under new plans aimed at avoiding price shocks.

Currently, the price cap - the maximum amount suppliers can charge their customers in England, Scotland and Wales - changes every six months.

Energy regulator Ofgem says the change means price rises and falls will be passed on to customers more quickly.

The BBC says energy bills soared in April and are expected to rise sharply again in October, when the cap goes up.

Ofgem said customers "face a very challenging winter ahead" and acknowledged the situation was "deeply worrying" for many people.

In May, Ofgem said the typical household should expect to see an £800 increase to £2,800 a year, but it now says prices are looking higher than when it made that estimate.

Analysts at Investec yesterday increased their forecasts for the annual price cap, predicting it will hit £3,523 in October before rising to £4,210 in January. That compares to a cap of £1,977 in place today and £1,271 in October last year.

Halo in Aberdeen city centre

One of the most eye-catching features of the new Union Terrace Gardens development has been hoisted into place above what will be the main lawn.

The intricate, circular lighting feature - described as a halo in planning documents - will keep the gardens lit up all through the night when they open.

Inspired by the mesmerising lights at Clarke Quay in Singapore, the feature appears to be one of the last major installations to be slotted into place at the park.

Work is still being completed on the pathways that snake their way around the green space and, of course, the vegetation that will make the space green.

The Press and Journal says latest information suggests Union Terrace Gardens could be at least partially open by this time next month.

Loganair in lost-luggage move

Scottish airline Loganair is doubling up efforts to tackle recent travel disruption and help stranded passengers who have lost their belongings.

The company, which operates dozens of flights across the north and north-east, has launched a dedicated task force to ease pressure on airport staff and support customers.

As part of the scheme, a group of dedicated employees will be sent to major hub airports and partner airlines to locate lost luggage belonging to Loganair customers, and return it to the owner.

The Press and Journal says the move comes after months of travel chaos at airports across the UK, with hundreds of passengers affected by cancelled or delayed flights every day.

Falling numbers of Scottish shoppers

Good weather and the cost-of-living crisis has been blamed for falling numbers of shoppers across Scotland.

The country's shopper footfall growth has yet again been ranked the worst in the UK compared with pre-pandemic levels, according to figures released by the Scottish Retail Consortium (SRC).

However some malls in Aberdeen and Inverness city centres have reported an uptick in trade presenting a mixed picture, although overall figures are depressed.

Ewan MacDonald-Russell, SRC head of policy and external affairs, said good weather and concern about the cost-of-living appear to have been factors in the decline of shoppers.

Scottish footfall decreased by 16.5% in July, compared with 2019 levels, according to SRC and footfall monitor specialist Sensormatics.

The Press and Journal says the UK average decline was 14.2%.

Shopping centres saw footfall decline by 19.2% - a slight improvement on the drop of 19.9% in June.

Jobs go at Ramsay's loss-making restaurant empire

Gordon Ramsay's restaurant empire shed 300 staff last year as lockdowns pushed losses at his restaurants to almost £7million.

Restaurant staff were let go as Covid-19 brought business to a halt but the company also lost almost a quarter of its head office workers, new accounts show.

Pre-tax losses at the Kitchen Nightmares presenter's restaurant group rose to £6.8million in the 12 months to August 2021, up from £5million in 2020.

Turnover at Gordon Ramsay Restaurants declined by 24% to £26.2million, says the Telegraph.

The group operates 35 restaurants in the UK. It also has international franchises in locations including Saudi Arabia and Kuala Lumpur.

Hiring slows

Hiring in the UK has slowed amidst uncertainty over the economy, according to a report.

July saw the slowest increase in the number of permanent jobs filled for 17 months, says the BBC.

KPMG said recruiters are becoming more tentative over hiring new staff.

The consultancy added that ongoing skills shortages, a drop in foreign workers and hesitancy from candidates to move jobs had all led to a tighter supply of suitable staff.

Rhine could close

Germany's Rhine river is on the brink of closure as critically-low water levels force one of the country's biggest energy companies to warn it may have to cut energy output.

Uniper said there could be an "irregular operation" at its coal-fired Staudinger-5 plant until early September because of disruptions to coal supplies along the waterway.

Water levels on the Rhine have sunk amid drought-like conditions afflicting most of the continent. Low levels around key chokepoints force the barges that traverse the river to take on smaller loads, and may reach levels where passage is impossible.

The Telegraph says several major companies, including chemicals giant BASF, use the Rhine, which runs for nearly 800 miles from Switzerland to the North Sea, as a supply line and source of water for cooling machinery.

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