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

Shell boost for city-centre businesses

As 1,000 Shell employees start moving into their new office on Aberdeen's Union Street this week, local cafes and restaurants are rolling out the red carpet.

The Press & Journal says the increase in workers should mean a windfall for enterprises at the top end of the Granite Mile.

It's a much-needed shot in the arm for cafes and restaurants impacted by Covid, especially after Shell revealed in November that the new office won't have its own canteen.

Ryan Clark, co-owner of new Chapel Street restaurant The Atrium, said: "Shell have done something really nice for Aberdeen by bringing workers back to the heart of the city."

He also says the Shell move was one of the reasons he and his business partners decided to open The Atrium, which sits in the former Howies building.

Taste of Grampian returns

Scotland's premier food and drink festival will make a welcome return to Aberdeen's P&J Live this summer.

Taste of Grampian will take place on Saturday June 3.

The event celebrates the best of local food and drink in the north-east and further afield.

More than 6,500 people visited the festival last year.

The Press & Journal says tickets go on sale for the 2023 event today.

Organiser DC Thomson has pledged to keep the price of the general admission at £10 for all tickets purchased during the early-bird period. Children under 12 will go free.

While the celebrity talent and festival line-up is still to be revealed, Taste of Grampian will welcome a host of food and drink producers to the arena who will be selling their products.

More than 150 businesses from across the region exhibited at Taste of Grampian last year and organisers are looking to grow this number on June 3.

Retail sales edge up

UK retail sales increased by 0.5% in January, following a drop in December, official figures today show.

But sales volumes fell 5.1% compared with January last year, according to the Office for National Statistics.

Prices have been rising sharply since last year, mainly due to soaring energy costs, which has put pressure on millions of households.

The BBC
says that, while the rate of inflation is starting to ease, at 10.1% it remains close to a 40-year high.

EDF's UK arm back in the black

Energy giant EDF's UK arm returned to profitability in 2022 - boosted by it being able to sell the electricity it generated for a higher price.

Profits in this country hit £1.12billion, compared to being £21million in the red in 2021.

But the BBC says the French group as a whole posted underlying losses for 2022 of £4.44billion, blaming "the decline in nuclear output" and "the impact of the exceptional regulatory measures to limit price increases for consumers in 2022".

More rail disruption

UK rail workers are to walk out in a series of strikes in March and April in a long--running dispute over pay, jobs and conditions.

Members of the RMT union from 14 train operators and Network Rail are involved in the action.

The BBC reports that Rail bosses say the strikes are "unjustified".

Vote for fresh industrial action at Royal Mail

Postal workers have voted in favour of more strikes in their dispute over pay, according to the BBC.

More than 95% of staff who voted wanted strike action, said the Communication Workers Union, which represents more than 110,000 postal workers at the Royal Mail.

Nestle to raise prices again

KitKat maker Nestle has said it will raise its prices again this year, despite an 8.2% increase in 2022.

The world's biggest food company said it would be forced to charge more to cover the increasing cost of ingredients.

Nestle, which also makes Buitoni pasta, Buxton mineral water and Nescafe coffee, said it was taking a "massive" hit to its margins at the moment.

The BBC says it refused to say how much prices would climb this year.

Disappearing Antarctic sea-ice

There is now less sea-ice surrounding the Antarctic continent than at any time since satellites began to measure it in the late 1970s.

It is the southern hemisphere summer, when you'd expect less sea-ice, but this year is exceptional, according to the National Snow and Ice Data Center.

Winds and warmer air and water reduced coverage to just 737,000 square miles on February 13.

The BBC says scientists consider the behaviour of Antarctic sea-ice to be a complicated phenomenon which cannot simply be ascribed to climate change.

Tesla recalls cars in US

Tesla is updating its self-driving software after US safety officials raised concerns that it could allow drivers to exceed speed limits or travel through intersections unsafely.

The recall affects nearly 363,000 vehicles in the country, according to filings with the US Government.

Tesla said it was not aware of any injuries or deaths related to the issues.

The BBC says US authorities have been investigating the firm's autopilot system.

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