Here are the business stories making the headlines across Scotland and the UK this morning.
Miliband tells Iran minister UK will not tolerate 'hostile activity' on British soil
Foreign Secretary Ed Miliband has told Iran's foreign minister Abbas Araghchi that the UK will "not tolerate intimidation, threats or hostile activity on UK soil".
The ministers met face-to-face at the UN General Assembly in New York City.
The Foreign Office said Miliband spoke to his counterpart about "the UK's unwavering resolve to combat threats from Iranian-linked groups in UK soil, including attacks on the British Jewish community", and discussed war in the Middle East and a British couple detained in Iran.
Read the BBC article here.
New multi-million-pound commercial vehicle depot opens in Aberdeen
A commercial vehicle firm has opened a new multi-million-pound depot in Aberdeen.
Enterprise Flex-E-Rent has opened a new 10,333 sq ft facility in Dyce.
Vice-president of rental Tony Nigrelli said the city was an “important location” as the company continues to expand across Scotland.
Read more in The Press and Journal.
Rolls-Royce signs 'multi-million' engine deal
Rolls-Royce has moved forward with a deal to power a new fleet of Airbus long-haul jets for Philippine Airlines.
The FTSE-100 firm will provide 18 engines for nine new Airbus A350-1000 aircraft in a deal worth "hundreds of millions of pounds".
The agreement, once finalised, also includes a maintenance package, meaning Rolls-Royce will continue servicing and monitoring the engines throughout their operational life, officials said.
Read more from the BBC.
Chagos deal is dead after Trump opposition, ministers believe
Plans to hand the Chagos Islands over to Mauritius are “dead” and will have to be renegotiated after President Trump reiterated his opposition to the agreement, ministers believe.
Senior government sources said ministers were under “no illusion” that the existing deal, signed by Sir Keir Starmer last year, could be resurrected. Instead, officials are preparing to restart negotiations with Mauritius to try to reach a new deal that would be acceptable to the White House.
One source said it might be possible to make “cosmetic” changes to the agreement, under which Britain would hand the islands to Mauritius and lease back the joint US/UK base at Diego Garcia.
Find out more in The Times.
John Swinney hails ‘vital intelligence’ from Press and Journal readers in blueprint to revive local economies
John Swinney says the clear message from readers of The Press and Journal on the state of towns and cities such Aberdeen, Peterhead, Elgin and Inverness will help efforts to breathe new life into local economies.
The first minister received the full findings of the P&J's in-depth survey of more than 2,200 people nationwide, calling it vital intelligence.
The blueprint, called A Fresh Start for Scotland’s High Streets, is now published and available for readers to download.
Read more in The P&J.
UK’s dependence on foreign produce is ‘wake-up call’ for ministers
Britain’s trade deficit in food and drink came to £21.1billion in the first half of this year, the highest level since the turn of the century, according to industry figures described as a “wake-up call” for the government.
Research from the Food and Drink Federation, which represents 12,000 manufacturers, showed UK export volumes fell by more than 10% between January and June, with food exports of 4 billion kilograms only marginally above what was reported during the height of the Covid-19 pandemic.
While imports fell by 2.5% to 19.1 billion kilograms, this was compared with the highest level on record in 2025. They remain up 3.2% compared with 2024.
Read more in The Times.