Here are the business stories making the headlines across Scotland and the UK this morning.
Mum and daughter open new Lolo and Co shop on Union Street
Union Street has a new fashion retailer today following the much-anticipated opening of the new Lolo and Co store.
Mum and daughter duo Rose and Lauren Reid are still “pinching themselves” at opening their new shop on Aberdeen’s Granite Mile.
The Reids told the P&J they were recently encouraged by the success independent clothes shop Attic has enjoyed since moving to Union Street.
Rose and Lauren reckon they are in a similar position, as Attic moved from a location tucked away in The Academy on Belmont Street to the more visible spot.
STV journalists on strike over bid for pay rise
News programmes at Scottish broadcaster STV could be blacked out because of a 24 hour strike by journalists.
Members of the NUJ union at the company want a 6% pay rise.
The broadcaster says its pay offer - which has been accepted by other staff at the company- is fair and affordable.
Network programmes and commercials will be broadcast as usual. If the dispute is not resolved, another one-day strike will take place next month.
Parents offered class photo with no 'complex needs' pupils
Aberdeenshire Council has apologised after parents were offered a choice of class photos with or without children with complex needs in them.
Parents at Aboyne Primary complained after being sent a link from a photography company offering them alternative pictures.
The local authority said the decision was not taken by the school and the link to the photos was immediately removed.
Tempest Photography told BBC Scotland in a statement it was investigating the matter, that it had spoken to the photographer involved and the school, and that at this stage there was no further comment.
Economy in significant downturn, says Chambers of Commerce
There has been a “significant downturn” in cashflow and profits across the Scottish economy, according to research from the Scottish Chambers of Commerce.
Its quarterly review, published on Thursday, also found an expectation of further price rises as input cost pressures remained high in the first three months of the year.
Alongside that, many businesses are finding it difficult to recruit staff, while more than half of companies have frozen investment because of the uncertain conditions.
Many respondents also cited concern about Scottish government tax policy including income tax divergence compared with the rest of the UK, as well as proposed charges such as a visitor levy.
Former sub-postmasters and politicians call for police inquiry
Former sub-postmasters and politicians have called for the Post Office to face a police investigation after BBC News revealed the company knew of flaws in its Horizon IT system.
A document shows bosses and lawyers knew of issues in 2017, but kept arguing sub-postmasters were to blame.
Kevan Jones MP, who advises ministers on Post Office compensation, said "the police need to start looking at this".
The Post Office earlier said it would be "inappropriate to comment".
Bridge collapse triggers one of the biggest insurance losses in history
The Baltimore bridge collapse will trigger one of the largest insurance losses in history, Lloyd’s of London has warned.
The market, founded in 1688 to offer shipping insurance, predicted that the disaster would likely trigger a multibillion-pound loss once all claims are settled.
Lloyd’s said that it could more than withstand the financial hit after a benign period for catastrophes.
Chief executive John Neal said: “This has all the hallmarks of being one of the biggest marine losses in history.”