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

Ryanair's Michael O'Leary calls for 'practical' immigration

Ryanair boss Michael O'Leary has urged the UK government to take a more "practical, common sense" approach to post-Brexit policy, to allow more workers from Europe to fill vacancies.

Mr O'Leary said he could hire people from continental Europe for jobs that he cannot fill with British workers, but is unable to get visas for them.

Facilitating such visas would help ease disruption to air travel, he told the BBC. The government said it wanted firms to invest in workers from the UK.

Crisp company to rebrand after ownership changes

The Scottish-made Mackie’s Crisps are to be rebranded after a change in ownership.

Mackie’s of Scotland has operated the crisp business as a joint venture with the Taylor family since 2009. The Taylors, who produce potatoes at their farm in Perthshire, are buying out the shares in the firm, Mackie’s at Taypack, that they did not own.

The Times said the financial terms of the deal have not been disclosed but a change of branding to reflect the new ownership is due to be introduced next year.

First direct China-Scotland container service launched

A direct container shipping service connecting China and Scotland is being launched for the first time.

The new freight route between Chinese ports and Greenock Ocean Terminal is a partnership between KC Liner Agencies, DKT Allseas and China Xpress.

KC Liner said the direct sailings would almost halve transit times, compared with services via continental Europe or other southern UK ports. The BBC said the move was in response to growing global supply chain pressures.

Mike Ashley sees his fortune swell by £660m

Mike Ashley saw his fortune swell by £660million as the value of his retail empire Frasers Group hit an all-time high.

Shares in the FTSE 250 retailer, whose ever-expanding stable of brands includes Sports Direct, House of Fraser, Evans Cycles and Jack Wills, defied the gloom hitting the sector to post profits of £366million for the 12 months to April 24 compared to just £8.5million a year earlier.

The reopening of its stores following the end of Covid lockdowns also sparked a surge in sales, with revenues jumping 31% to £4.7billion, according to the Daily Mail.

UK government interest costs hits fresh record

Surging inflation led interest payments on UK government debt to hit the highest amount on record in June.

Interest payments paid by the government for last month hit £19.4billion. It pushed government borrowing for the month up to the second-highest June level since records began in 1993.

Borrowing - the difference between spending and tax income - was £22.9bn during the month, up by £4.1bn from a year earlier, the BBC reports.

Ukraine grain export deal reached with Russia

Turkey says a deal has been reached with Russia to allow Ukraine to resume exports of grain through the Black Sea.

It is to be signed today in Istanbul by Ukraine, Russia, Turkey and UN Secretary General Antonio Guterres.

The world shortage of Ukrainian grain since Russia's 24 February invasion has left millions at risk of hunger. The invasion sent food prices soaring, so the deal to unblock Ukraine's ports is crucial. Some 20 million tonnes of grain is stuck in silos in Odesa.

And finally... strippers told to keep clothes on

Strippers who face being laid off due to a lap-dancing ban in Edinburgh have been told their venues can remain open if they agree not to dance naked.

Edinburgh city council voted in March to close all four strip clubs in the capital, putting about 100 people, mostly women, out of work.

The Times reports it is facing a legal challenge from the United Sex Workers organisation under equality legislation after £20,000 was raised.

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