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

Dive-bombing seagull scourge could soon turn deadly, MSPs warn

Pedestrians are at risk of being killed by dive-bombing seagulls because authorities are failing to get to grips with the “gigantic creatures”.

Douglas Ross, the former Scottish Conservative leader, told a Holyrood debate he secured on the issue that ferocious birds were leaving people terrified to leave their homes and were ruining the mental health of others in coastal communities due to their constant squawking.

He is demanding more action from the Scottish government to make it easier for locals to get rid of gulls, claiming in some circumstances, the welfare of the airborne “menaces” was being prioritised over humans.

Click here to read more in The Times. 

Pound hits near 4-year high as Trump rattles dollar

The pound briefly hit its highest level against the dollar for almost four years after markets were unnerved by a report that US President Donald Trump could bring forward the naming of the new head of the US central bank.

Sterling rose above $1.37, which is the strongest since October 2021.

The dollar weakened after the Wall Street Journal reported Trump had considered naming Jerome Powell's replacement as head of the Federal Reserve by September or October.

Anna Wintour stepping back as US Vogue's editor-in-chief

Dame Anna Wintour is stepping back as editor-in-chief of American Vogue after 37 years.

The British-born fashion magnate, 75, is leaving the role she has held longer than any other editor, but will retain senior positions at its publisher.

Dame Anna will continue as Vogue's global editorial director, as well as chief content officer for its parent company Conde Nast.

Nike says Trump tariffs could raise its costs by $1bn

Nike says US President Donald Trump's tariffs on key trading partners could add around $1bn (£730m) to its costs this year.

Company executives also said the the sportwear giant would cut its reliance on producing goods in China to ease the impact of US trade policies.

Last month, Nike said it would raise prices on some trainers and clothing in the US from early June, weeks after rival Adidas warned it would have to hike the cost of goods due to tariffs.

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