Here are the stories making the business headlines across Scotland and the UK this morning.

New independent fashion store for Union Street

An independent retailer has brought life back into a long-term empty unit on Union Street with her ambitious plans for her clothes shop.

The P&J reports that Lynne McIntyre has opened the doors to her new clothing and sweet shop called Dizzy’s at 85 Union Street on Saturday.

Ms McIntyre has operated her own shops since 2008, but most recently she ran a ballgown and evening dress store on Holburn Street and a sweet shop on George Street.

However, her true passion lies in fashion, and with ambitious plans, Ms McIntyre decided to move her two businesses into the empty unit nestled between Lush and Attic.

'Lessons not learned' over Aberdeen hospital plan concerns

Concerns about ventilation and water systems at planned new Aberdeen hospital buildings show lessons have not been learned, an MSP has said.

The Baird Family Hospital and Anchor Centre were both meant to open in 2020.

NHS Grampian said ventilation and water systems were now being reviewed. The overall project cost is now £261m - so far £98m more than the original figure.

MSP Tess White told the BBC it was concerning in the wake of previous concerns about hospitals in Glasgow and Edinburgh.

Shell boosts earnings by at least $1billion

Shell has reported another bumper quarter for its gas traders, sending its shares up by more than 2% as analysts increased their profit forecasts.

Europe’s biggest oil and gas group said that profits for its liquefied natural gas (LNG) trading business were expected to be at a similar level to the fourth quarter, when a strong trading result was credited with driving a record performance for the wider LNG division.

In a brief trading update before its first quarter results next month, Shell also said that its LNG business had produced increased volumes thanks to better availability from its facilities in Australia, including the troubled Prelude floating plant.

Analysts told The Times that the upbeat guidance translated to an increase of about $1billion or more in their estimates of Shell’s first-quarter adjusted earnings.

Converting world to clean energy will cost $10trillion

Weaning the world off fossil fuels and converting entirely to clean energy will take $10trillion worth of investment over the next two decades, according to Elon Musk.

But Tesla, Musk’s electric carmaker, claimed the alternative — continuing to develop and produce resources such as coal and oil — would be even more expensive, requiring $14trillion over the same period.

The eye-watering projections were included in the company’s “master plan part 3”, its blueprint for a global shift towards entirely sustainable energy.

UK house prices rise for third month in March

House prices rose in March for the third month in a row as an easing of mortgage rates drew buyers back into the market, data from Halifax shows.

Average house prices increased by 0.8% last month, after a 1.2% rise in February, according to the mortgage lender’s latest house price index. Year-on-year prices were 1.6% higher.

The Times says a typical UK property now costs £287,880, against £285,660 the previous month.

World economy faces weakest growth since 1990

The global economy is set to grow at roughly 3% over the next five years - the slowest pace since 1990, the head of the International Monetary Fund has said.

Kristalina Georgieva said the path ahead was "rough and foggy" - and warned that cooperation to address the problems was becoming more difficult.

She spoke in Washington ahead of the IMF's annual meeting.

King Charles banknotes printed - but not ready yet

New banknotes featuring the image of King Charles are being printed in their millions but will not enter circulation until the middle of next year.

The BBC was given exclusive access to the highly-secure site where notes are being produced for the Bank of England.

The King's portrait will be the only change to existing designs of £5, £10, £20 and £50 notes, and new notes will replace damaged or worn older ones.

However, machines such as self-service tills need to recognise the new image.

British science funding scheme unveiled after stalled EU talks

Ministers have unveiled plans to tackle the “moonshot” challenges of the 21st century in a £14billion programme that could replace scientific co-operation with the European Union.

In an attempt to reassure scientists about the future of British research after Brexit the government has developed a bespoke funding plan that would replace the EU’s Horizon scheme.

Under the plan, the Times reports that the government would commit not just to fund academic scientific research and international collaboration but also work in areas such as quantum physics, engineering biology and green energy.

Funding would also be made available to update scientific infrastructure with new laboratories and infrastructure not currently funded by Horizon Europe.

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