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


Call for average-speed cameras on A96 is criticised

The Scottish Greens have called for average-speed cameras to be installed on the A96 - instead of dualling the road.

Green north-east MSP Maggie Chapman believes cameras would save lives and prevent more traffic congestion and pollution.

The Press and Journal reports that she claimed expanding the road would "increase the risk of accidents".

The SNP committed to fully dualling the route between Aberdeen and Inverness a decade ago, but plans have since been stuck in limbo.

The future of the project was called into question when the SNP and the Greens announced a power-sharing deal, and the Greens raised "urgent" environmental impact concerns about road projects.

However, Ms Chapman's proposal has been criticised by opposition politicians, who branded it as a "pathetic money-spinning excuse" to avoid dualling the road.

Liam Kerr, Scottish Conservative shadow minister for transport, called the suggestion "ridiculous".

He said: "The A96 in its current form is a death trap regardless of whether average-speed cameras are installed or not.

"The Greens are trying to play political games with people's lives when this is an issue of national safety on one of Scotland's most-dangerous roads."

New nuclear plant could be axed

A new nuclear power plant in Suffolk is under review and could be delayed or even axed, as the government tries to cut spending, the BBC has been told.

Sizewell C was expected to provide up to 7% of the UK's total electricity needs, but critics have argued it will be expensive and take years to build.

A new high-speed rail line in the north of England could also be axed.

"We are reviewing every major project - including Sizewell C," a government official told the BBC.

The government is due to unveil its tax and spending plans under new Prime Minister Rishi Sunak in the Budget on November 17.

Consultations on offshore wind farm

A series of public consultations on a new Scottish offshore wind farm are to be held this month.

Developer Ocean Winds is targeting 2GW of installed capacity from the Caledonia project to be built in the Moray Firth.

Energy Voice says work is now being carried out on the offshore scoping report, due to be submitted to Marine Scotland this year.

More strikes on Scotland's railways

Rail workers are to intensify their strike action ahead of Christmas in a pay dispute with ScotRail.

The RMT union has announced plans for a walkout on the day of Scotland's rugby international against Argentina on November 19 and on every Friday and Saturday after that until Christmas.

The union's organiser in Scotland, Mick Hogg, told the BBC the action was designed to "focus minds to find a solution".

ScotRail said the move would be "incredibly disappointing".

The firm had offered all staff a 5% pay uplift plus add-ons, with the lowest paid workers offered a 7.5% increase.

Hope for Belmont Filmhouse

There is hope that Aberdeen's closed Belmont Filmhouse could yet be reopened, amid surging interest.

Councillors met yesterday to discuss the future of the venue, which was suddenly shut last month.

The Press and Journal says that one of the councillors campaigning to secure the venue a fresh start is now increasingly optimistic.

Desmond Bouse stressed that the local authority, which owns the building, remains open to offers from prospective operators.

He said: "The council is incredibly keen to engage with anyone and everyone who wants to make the Belmont a success."

Watching the money

Shoppers are "watching every penny and every pound", the boss of Sainsbury's has warned, as the supermarket revealed its profits had been hit by the rising cost of living.

Simon Roberts said the grocer understood "how tough it is for millions of households" and was trying to keep prices low.

The BBC says food prices are rising at their fastest rate in 42 years as the cost-of-living crisis squeezes household budgets.

People are also struggling with higher energy bills and rising interest rates.

Sainsbury's said sales across the business had climbed 4.4% to £16.4billion in the six months ending in September.

But the UK's second-largest supermarket also revealed a dip in profits as the business absorbed some of the impact of rising food costs and put up wages.

The company, which also owns Argos, said underlying pre-tax profits declined by 8% to £340million compared with the same period last year.

Twitter staff will know their fate today

Social-media company Twitter says it will inform its staff today about whether they will be laid off following the firm's takeover by Elon Musk.

In an internal e-mail, it said the cuts are "an effort to place Twitter on a healthy path".

The multi-billionaire will be Twitter's chief executive after buying the firm last week in a £39.3billion deal.

"We will go through the difficult process of reducing our global workforce on Friday," Twitter said in the e-mail.

The BBC says reports in US media had previously suggested that Mr Musk was looking to cut 3,700 jobs - about half of Twitter's workforce.

Glencore subsidiary hit with huge fine

A UK subsidiary of mining giant Glencore has been ordered to pay more than £275m for bribing officials in African countries to get access to oil.

The company paid £23million through agents and employees to officials of crude oil firms in Nigeria, Cameroon and Ivory Coast between 2011 and 2016.

Prosecutors said Glencore Energy UK employees and agents used private jets to transfer cash to pay the bribes.

The BBC says Glencore Energy UK pled guilty to seven corruption offences in June.

It was ordered to pay a fine of £182.9million by Judge Peter Fraser at Southwark Crown Court, who also approved £93.5million to be confiscated from the company.

Along with five charges of bribery, the subsidiary admitted charges of failing to prevent agents from using bribes to secure oil contracts in Equatorial Guinea and South Sudan.

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