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


Big jump in cost of your Christmas dinner

Christmas dinner will be nearly 22% more expensive this year than in 2021, according to new research for the BBC.

The price of seven key items has risen by £5.36 over a year, with chipolatas - the crucial ingredient in pigs-in-blankets - seeing the steepest jump.

As households grapple with cost of living pressures, many will be looking for cheaper options for the big day.

But the data suggests some standard products have gone up at a faster pace than their "premium" equivalents.

Retail research firm Assosia analysed the average price of seven products across Tesco, Sainsbury's, Asda, Morrisons and Lidl as well as Aldi click-and-collect.

A basic Christmas dinner - comprising a frozen medium-sized turkey, stuffing balls, Brussels sprouts, roast potatoes, pork chipolatas, onion gravy and mince pies for dessert - will cost £30.03 compared to £24.67 last year.

It perhaps isn't so surprising that this year's festive meal will be more expensive given the cost of living is rising at its fastest pace in 40 years.

Brexit hit food bills

Brexit added £210 to the average household food bill in the two years to the end of 2021, new research suggests.

Academics at the London School of Economics found that the cost of food imported from Europe went up because of extra red tape and checks.

They said that rule changes for items going across the border had pushed food prices up by 6%, or £5.84billion overall.

A UK Government spokesperson told the BBC that it was cutting costs and reducing red tape for firms.

Festive night-bus service is back

Stagecoach Bluebird has announced its night-bus service will return to Aberdeen this festive season - and will be free.

Running for the first time since before the Covid pandemic, the night buses will be operating each Friday and Saturday night in the lead up to Christmas.

The Press and Journal says passengers will be able to travel to the city centre and home again from Westhill, Inverurie, Stonehaven and Ellon for free.

The relaunch has been made possible thanks to funding from Aberdeen City Council and Aberdeen Inspired.

It is hoped that the buses will provide a safe way for festive party revellers to travel home, while helping ease the congestion at taxi ranks.

Fears for Men's Sheds

The future of the Men's Shed movement has been cast into doubt after the Scottish Government withdrew its funding.

More than 200 Men's Sheds are in operation across the country, providing nearly 3,000 people with company and the chance to develop new hobbies.

As well as tackling social isolation, the groups are helping to improve mental health among men.

But Holyrood has announced that it will not provide further funding for the initiative.

The Press and Journal says the Scottish Government has provided £570,000 towards the initiative since it was launched in 2014, and agreed £75,000 funding this year.


Broadband and mobile-phone contracts in focus

Mobile phone and broadband providers have been accused of hiding inflation-busting price increases in customers' contracts as consumers brace for a double-digit rise in their bills next year.

Ofcom, the telecoms regulator, has launched an investigation into whether companies were "clearly upfront" with customers about the fact bills could rise in the middle of their contracts.

Many broadband and mobile phone contracts include a clause that states a customers' contract will rise with inflation, plus a further set percentage, every year, even in the middle of a two-year deal. BT contracts, for example, rise every year by the rate of inflation in the Consumer Price Index, plus an extra 3.9%.

The Telegraph says these terms have left consumers facing increases of almost 14% in their bills next year.

Harbour Energy out of FTSE 100

North Sea producer Harbour Energy has been knocked out of the club of leading publicly-quoted UK companies.

The firm, whose share price is down more than 12% in the year to date, has been demoted from the FTSE 100 index to the 250.

Analysts have pointed to the North Sea windfall-tax turmoil as a factor leading to the dip in the share price.

Energy Voice says Weir Group, Abrdn and Beazley are joining the FTSE 100 from the 250.

Missing trade-agreement targets

The UK Government is set to miss its target for securing post-Brexit trade agreements.

At the 2019 election, the Conservatives promised to get agreements covering 80% of UK trade by the end of this year.

The BBC says most recent figures suggest it will be just 63%.

A government source said a trade deal with the US had been crucial to meeting the target, but the Biden administration was not prioritising it.

Deals have been signed with the EU and 71 countries including Australia, New Zealand and Japan.

But the Japanese deal was criticised earlier this year after government figures showed exports in UK goods and services had fallen to that country in the past year.

Former Environment Secretary George Eustice also criticised the Australia deal, arguing it was "not actually a very good deal for the UK".

House-price gloom

UK house prices saw their biggest monthly fall for more than two years in November as rising interest rates put off buyers, the Nationwide has said.

The BBC reports that prices fell 1.4% from October - the largest month-on-month fall since June 2020.

Annual house price growth saw a "sharp slowdown", the building society said, falling to 4.4% from 7.2% in October.

The lender added the housing market looked set to "remain subdued" in the coming months.

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