Here are the business stories making the headlines across Scotland and the UK this morning.
Labour in revolt over Burnham ‘stitch-up’
Labour MPs are in open revolt against Sir Keir Starmer after he oversaw a “stitch-up” that blocked Andy Burnham from returning to Parliament.
Loyalists on the ruling National Executive Committee (NEC) voted on Sunday to bar the Mayor of Greater Manchester from standing in an upcoming by-election, preventing him from becoming an MP and potentially challenging the Prime Minister’s leadership.
Sir Keir’s allies claimed they did not want Mr Burnham to run for the Gorton and Denton seat because it would lead to a contest for the mayoralty that Reform could win.
Tesla fined for repeatedly failing to help UK police over driving offences
Tesla has been convicted at least 18 times and ordered to pay more than £20,000 for repeatedly failing to co-operate with UK police forces.
The British arm of Elon Musk's electric car giant has faced multiple criminal court proceedings over the past two years linked to alleged road traffic offences.
Tesla offers its vehicles on long-term leases, and in such a scenario the leasing company is typically the registered keeper of the car.
Aberdeen finance boss lifts lid on beach and market progress – but reveals fresh fears over Union Street ‘challenges’
Aberdeen’s finance boss says residents will soon see for themselves the true scale of major revamp works down at the beach and at the under-construction Flint market project.
But Alex McLellan is less confident when it comes to the delayed works on Union Street.
Speaking exclusively to the Press and Journal, the councillor gave an update on how the major projects are progressing, why some have taken longer than expected and what changes we can soon expect to see…
Matcha helps Caffè Nero to sales record as coffee rivals struggle
The company behind Caffè Nero has achieved record turnover after ringing up £800million in sales last year despite a difficult trading environment that left rival coffee chains struggling.
The Nero Group, which runs 1,154 coffee shops in 11 countries, including more than 800 in Britain, recorded a 13% increase in sales in the 12 months to the end of May last year compared with the previous 12 months, while underlying adjusted profits rose by a fifth, to $80million.
In its UK business, which forms the core of the group’s operations, profits jumped 17% to £45.2million on revenues of £366million last year.