Here are the top business stories making the headlines in the morning newspapers.
RMT in no hurry to call further rail strikes
A rail workers' union has said it is "not in any rush" to call for further strikes in July, following the recent walkouts which caused significant disruption across the UK.
Eddie Dempsey, senior assistant general secretary at the RMT, told the BBC that the union did not "take these steps lightly".
Mr Dempsey, who is also leading talks with Network Rail, said it had been an intense week of discussions.
The two sides are trying to reach an agreement to prevent further strikes.
'Strong case' for Aberdeen to land Eurovision contest
The BBC has acknowledged there's a "strong case" for Aberdeen to host next year's Eurovision song contest, reports the Press and Journal.
European broadcasting bosses announced last month that 2022 winner Ukraine would not be allowed to host the world-renowned music competition.
The Press and Journal says Russia's invasion of the eastern European country could force the show to be shifted to UK, after Sam Ryder's second-placed finish in May.
Aberdeen has Scotland's largest indoor venue in P&J Live.
Phil Harrold, chief of staff for BBC director-general Tim Davie, said: "If the UK does host in 2023, we will run an open process for interested cities and regions to express their interest."
Noting the city's interest, he added that a strong case had been made for Aberdeen.
Customer-service standards under fire
Customer service standards at energy companies have fallen to a record low, according to Citizens Advice.
Standards have "plummeted" since June 2021 when several suppliers went bust due to high global gas prices, it said.
The BBC says the average waiting time on the phone to speak to a firm is now about six and a half minutes, compared to just under four minutes the year before.
Citizens Advice called for improvements before bills rise again in the autumn.
The energy price cap, which limits how much suppliers can raise the cost of household bills, went up by an unprecedented £700 a year to £1,971 in April for the typical household. Bills are expected to rise by a further £800 a year in October.
Possible threat to North Sea decommissioning targets
New research has warned that high oil prices, coupled with the UK Government's windfall tax, could "pose a threat" to North Sea decommissioning targets.
Boston Consulting Group said high prices "incentivise reinvestment" and the new tax does not provide relief for decommissioning costs, so the "rational choice" is to continue to extract oil rather than leave it in the ground.
Energy Voice says that could have a knock-on impact on the "backlog, liquidation and performance" of decommissioning, with rising costs, emissions and challenges for specialised companies.
50-year mortgages under consideration
Homeowners could take out Japanese-style 50-year mortgages that they are able to pass on to their children under plans being considered by Prime Minister Boris Johnson.
Downing Street is examining proposals to allow first-time buyers to take out "cross-generational" mortgages that would allow them to borrow more money over a longer period.
The loans could then be passed down to children, along with the property, when the original owner retires. Ministers believe that would make it easier for buyers to get onto the housing ladder in more-expensive areas of the country.
A source told the Telegraph that the loans could be as long as 40 or 50 years, lowering the annual sum required to pay off the debt. A similar policy has been tried in Japan, where 100-year mortgages were available in the mid-2000s. It has also been tested in Australia.
Junior lawyers in the money
A City of London law firm has given its junior lawyers pay rises totalling 24% over the past six months, meaning its graduates now join on a starting salary of £120,000.
Despite calls for pay restraint to help curb inflation, Herbert Smith Freehills, one of the Square Mile's top 10 highest-earning law firms, confirmed that it had increased salaries by another 14% for its newly-qualified solicitors.
The Anglo-Australian firm had already boosted salaries for junior lawyers by 10% last December, reports the Times.
Rises in food prices still to peak
Relentless increases in the price of food may not hit their peak until next year, an industry group has warned.
The Food and Drink Federation, which represents UK food and drink makers, said it usually takes seven to 12 months for producers' costs to reach shop shelves.
Russia's invasion of Ukraine has accelerated manufacturing costs such as energy and fertiliser.
The federation's boss, Karen Betts, warned prices would "absolutely" get worse before they get better.
"I think the peak could well be into next year and that prices could well rise some way above 10%," Ms Betts told the BBC.