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

Pepsi withdraws as UK festival sponsor after Kanye West backlash

Pepsi has announced it is withdrawing as main sponsor of the Wireless Festival in London this summer after news that Kanye West is to headline the three-day event.

The US rapper, now known as Ye, has drawn widespread criticism for antisemitic comments he made in recent years and for which he issued an apology in January.

Prime Minister Sir Keir Starmer said earlier that it was "deeply concerning" West was set to headline Wireless.

Aberdeen taxi firm’s ambitions to expand fleet to hundreds of drivers

An Aberdeen taxi driver who developed his own booking app is aiming to expand his business to “hundreds of drivers” as he builds his homegrown private hire firm.

David Alaita, founder and managing director of LeadRyde Taxis, still drives passengers himself while running the west end company and overseeing its booking platform.

The firm works with around 20 drivers across Aberdeen, having grown from just five in recent years. Mr Alaita said he hopes to scale up significantly to meet demand.

Storm Dave prompts vow of extra heating cash support

Tories are putting the promise of a restored cold weather payment and £100 annual energy bill discount in their Holyrood election manifesto on Tuesday, The P&J can reveal.

Rural households were hit by snow and gales over Easter weekend, leaving some with no power in a “shuddering reminder” of how long winter weather can last.

Tim Eagle, the Tory candidate for Moray, said: “When these cold snaps come, it’s vital that our older population don’t think twice about putting on their heating to stay safe and warm.”

Benefits and pensions rise as two-child cap ends

A host of benefits and the state pension are rising as the new financial year begins, including more money for larger families on universal credit.

The two-child benefit cap has now been scrapped, meaning some 480,000 families with three or more children will get an average rise of £4,100 a year.

One mum told the BBC the rise was a "massive help" in dealing with the rising cost of living, while charities have described the move as a "gamechanger".

Soaring fuel prices drive switch to electric vehicles

High petrol prices triggered by the Iran war and cheaper electricity tariffs for home-charging have contributed to an increase in interest from motorists wanting to switch to electric vehicles.

While EV advocates have long championed non-petrol cars as a more economical alternative, the prospect of a prolonged war in the Middle East and petrol prices topping £1.50 a litre in the UK has spurred many drivers into taking action.

The move by energy companies to slash electricity tariffs for overnight EV-charging at home, which came into effect on April 1, to as low as 3.5p/Kwh has also driven renewed interest in making the switch to non-petrol cars.

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