Here are the top business stories making the headlines in the morning newspapers.
£45million hit after exiting Platypus
Dana Petroleum took a £45million write-down after its shock exit from the Platypus development in the North Sea in late 2020.
Energy Voice says accounts filed with Companies House for 2020 also reveal the company made £551million pre-tax losses for the year, compared with pre-tax profits of £100million in 2019.
Dana, owned by the Korean National Oil Company, saw a 43% drop in revenue between 2019 and the end of 2020, owing to low commodity prices and decreased production.
The surprise relinquishment of its 59% stake in the field left partners Parkmead Group (15%) and CalEnergy (26%) to press on.
The partners had intended to develop Platypus as a two-well, subsea tie-back to the Perenco-operated Cleeton platform in the southern North Sea.
Parkmead later agreed to become operator and share Dana's stake with CalEnergy on the project, but despite efforts to come up with a new plan for development both relinquished licences back to the Oil and Gas Authority in November 2021.
Surge in office take-up in Granite City
Office take-up in Aberdeen is running at twice the pace of last year, a new study has found.
According to Knight Frank, the city's office market is on track to surpass its 2021 take-up total in just six months.
The Press and Journal reports that confidence has picked up as a result of spiralling oil prices.
Take-up has also been buoyed by energy company Shell following through with its decision to move its Aberdeen base into the Silver Fin Building on Union Street.
Knight Frank's projections, based on active requirements and deals already under way, suggest more than 200,000sq ft of office space should conclude by the end of June.
This is 6,000sq ft more than the 194,000sq ft transacted last year.
Knight Frank said there were signs of cautious optimism among occupiers, as workers return to the office and with oil prices likely to stay near recent highs.
Row after exit of national investment bank’s boss
First Minister Nicola Sturgeon has been accused of "shutting down scrutiny" after refusing to tell MSPs why the boss of Scotland's national investment bank quit.
Eilidh Mactaggart abruptly left her post at the government-funded bank last week, but did not give further details.
The BBC states Ministers have repeatedly refused to answer questions on the topic, with Ms Sturgeon citing confidentiality and a duty of care to staff.
She said the bank was "doing incredibly well" and would continue its progress.
The Scottish National Investment Bank was launched in November 2020, with the goal of making long-term investments in Scottish firms.
It has so far made 13 investments totalling just under £200million, although the government has committed to putting £2billion of funding into it over the next decade.
Sale of North Sea assets is off
United Oil & Gas has cancelled its planned sale of a brace of central North Sea assets.
Energy Voice says buyer Quattro Energy failed to meet extended deadlines for fundraising.
United announced the £3.2million deal to sell its PP2480 and P2519 licences - the latter including the Maria discovery - to newcomer Quattro Energy last July.
The deal had been slated to close in September, though delays pushed it to the fourth quarter of 2021 and then into February 2022.
Quattro was formed in April 2021 by North Sea stalwart Neill Carson, a founder of Ithaca Energy and i3 Energy.
Mr Carson said that Quattro's plans required considerable engineering and commercial detail to secure funding, and that the necessary work was not able to be completed in time for the seller's backstop date.
Less millions for billionaire entrepreneur
Bet365 boss Denise Coates took home about £300million during its last financial year - £170million down on the previous year - as growth stalled.
The BBC says the billionaire founder of the online gambling firm received £250million in salary and a share of the company's pay-out of £97.5million in dividends.
Ms Coates, one of Britain's wealthiest women and a major philanthropist, has received a total of about £1.3billion from the business in the past five years.
Bet365 was created 21 years ago. Ms Coates and her brother, John, took over a betting shop business run by their father, spotting that online gambling could revolutionise the industry. She now owns about half of the company.
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https://www.bbc.co.uk/news/business-60612165
Union flag now on Bank of England logo
The Bank of England has redrawn its logo to be "more inclusive" of other countries in the UK by replacing the cross of St George with a union flag, reports The Telegraph.
The Bank, which is battling the highest UK inflation for 30 years, has a logo depicting Britannia, the female warrior used to personify the nation.
She is now bearing a shield with a union flag pattern, instead of the more traditional St George's cross shape,
A bank spokesman said: "We've made our Britannia symbol more inclusive. Britannia is the female personification of the British Isles. She has been our symbol since we were founded in 1694. We wanted a new Britannia that reflects our current mission and values."
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