Here are the business stories making the headlines across Scotland and the UK this morning.
Social media ban for under 16s could be in force this year
Children could be banned from using social media as soon as this year under powers announced by the prime minister as he tries to steady his premiership.
The government has promised it will immediately introduce curbs on the use of social media after a consultation concludes this summer.
Measures could include a ban on its use by under-16s, the introduction of phone curfews or restricting addictive design features such as infinite scrolling. Ministers are also considering limiting children’s interaction with chatbots and blocking them from virtual private networks, which can be used to illicitly access pornography.
Royal Mail letters sit undelivered 'for weeks' as parcels prioritised, staff say
More than a dozen Royal Mail postal staff from different delivery offices claim rounds are being missed on a daily basis and parcels are being prioritised over letters as they are stretched beyond capacity.
Postal workers told the BBC some letters sit in postal depots for weeks, while the union representing them describes Royal Mail as "a company in crisis".
Hundreds of people have contacted BBC Your Voice to express frustration over delayed mail resulting in issues including missed hospital appointments.
Gender pay gap won't close for another 30 years, warns trade unions group
Moves to close the gender pay gap will not be successful until 2056 if progress remains at its current rate, according to the Trades Union Congress (TUC).
The disparity between average wages for men and women is 12.8%, or £2,548 per year, according to TUC analysis of official pay data. It is widest in the finance and insurance industry, at 27.2%. In the leisure service sector it was only 1.5%.
The gender pay gap measures the difference in salaries paid to men and women in the same industries. Employers with more than 250 UK staff must report pay data.
Farage’s right-hand man publishing book on how to launder money
A key lieutenant of Nigel Farage is publishing a book outlining common methods for laundering money.
George Cottrell, an aristocratic banker and convicted criminal, is the co-author of a new book titled How to Launder Money, which is set to be published later this month.
The book is described as breaking down in “delicious detail” the mechanics of money laundering, “not to enable wrongdoing but to illuminate it”.