Here are the top business stories making the headlines in the morning newspapers.
More woe for Scottish rail travellers
A train strike in Scotland is to go ahead on Monday after a union representing ScotRail workers rejected the latest pay offer.
The Press and Journal says members of the RMT union refused the revised deal after talks on Thursday, describing the new 5% offer as “a kick in the teeth”.
The strike action is separate from the RMT’s dispute with Network Rail, where staff there will walk out tomorrow as part of a dispute over jobs, pay and conditions.
Scottish budget date
The Scottish Government has warned of "ongoing turmoil and uncertainty" as it prepares to unveil its draft budget on December 15.
Deputy First Minister John Swinney said he was "content to support" that date.
However, he said the UK Government's budget plans would have an "obvious impact" on Scotland's ability to draw up tax and spending proposals.
The BBC says Chancellor Kwasi Kwarteng is not expected to make a full budget statement to MPs until the spring.
£50billion fire-sale worry
The aftermath of the UK Government’s mini-budget last month could have seen a £50billion fire sale of UK Government bonds by funds connected to the pensions industry, the Bank of England has said.
There was risk of a downward "spiral", it added, as increases in the cost of government borrowing hit the funds.
The BBC says the Bank stepped in to calm markets last week following fears that some types of pension funds were at risk of collapse.
It pledged to buy up to £65billion of government bonds after the mini-budget sparked turmoil on financial markets and the pound plunged.
Investors had demanded a much higher return for investing in government bonds, causing some to halve in value.
Pay rise for police staff in Scotland
Police staff in Scotland are to get a 5% pay increase, backdated to April 2022, after agreeing to an improved pay deal.
Scottish Police Authority (SPA) said the deal represented "a significant improvement" on its previous offer.
The agreement was reached in negotiations between Unison and Unite and the SPA and Police Scotland.
Police officers accepted a similar deal in August.
The BBCsays police officers and police staff negotiate their pay deals separately.
Civilian employees across all salary bands will see their pay packets rise, with shift allowances also going up 5%.
Shell's record profits cooling
Energy giant Shell has signalled its run of record profits is cooling.
The Telegraph says the company yesterday warned of a near-halving of margins at its refineries and negative margins at its chemicals plants.
Oil and gas producers have seen surging profits after Russia's invasion of Ukraine sent prices up and boosted refining demand as Russian refineries went offline.
Shell's third-quarter results from its natural gas trading division are also expected to be weaker than the previous quarter due to volatile markets.
However, Shell is still expected to report profits of £9billion in the third quarter, according to analysts' forecasts.
Warning over house prices as mortgage rates surge
The recent surge in mortgage costs is likely to put more pressure on the property market after house prices slipped in September, Halifax has warned.
UK house prices fell 0.1% last month – the second decline in the last three months – while the annual growth rate stood at 9.8pc, its weakest in January.
The Telegraph said the figures highlight a slowdown in the market even before Kwasi Kwarteng sparked chaos with his tax-cutting mini-Budget.
The turmoil pushed up mortgage rates, with the average two-year fixed-rate loan topping 6pc for the first time since 2008. The average five-year mortgage has also now passed that threshold.
Kim Kinnaird, director of Halifax Mortgages, said: “The prospect of interest rates continuing to rise sharply amid the cost of living squeeze, plus the impact in recent weeks of higher mortgage borrowing costs on affordability, are likely to exert more significant downward pressure on house prices in the months ahead.”