Here are the business stories making the headlines across Scotland and the UK this morning.
Aberdeen strip club to reopen after £150,000 revamp
One of Aberdeen’s best-known gentlemen’s clubs is to reopen next week following a major £150,000 refurbishment.
Private Eyes on Chapel Street will welcome customers once again from Friday, August 29, having remained closed since the early days of Covid-19 pandemic.
Owner Tony Cochrane, who also runs clubs in Inverness and Dundee, said the decision to reopen followed demand from long-time customers.
Click here to read more on the P&J website.
Tesco meal deal price rises by 25p
Tesco has raised the price of its lunchtime meal deal in the latest example of rising food prices in the UK.
The price of a main, snack and drink has gone up from £3.60 to £3.85 for Clubcard holders from Thursday. Customers who do not have a loyalty card will see the price rise from £4 to £4.25.
The sandwich, snack and drink deal had cost £3 for 10 years before prices were hiked in October 2022 when food prices were rising at their fastest rate in 42 years.
Microsoft boss troubled by rise in reports of 'AI psychosis'
There are increasing reports of people suffering "AI psychosis", Microsoft's head of artificial intelligence (AI), Mustafa Suleyman, has warned.
In a series of posts on X, he wrote that "seemingly conscious AI" – AI tools which give the appearance of being sentient – are keeping him "awake at night" and said they have societal impact even though the technology is not conscious in any human definition of the term.
"There's zero evidence of AI consciousness today. But if people just perceive it as conscious, they will believe that perception as reality," he wrote.
Waitrose boss James Bailey quits for career break
The boss of Waitrose has stepped down after more than half a decade at the John Lewis-owned supermarket chain.
James Bailey will leave the top job later this year, to be replaced temporarily by Tina Mitchell, the Waitrose retail director, while the search for a successor gets under way.
Bailey, 51, who steered the company through the pandemic, is leaving towards the end of a £900 million cost-cutting programme at the wider partnership that is due to end next year.
Click here to read more.