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

Sky to pay £1.6bn for ITV's broadcast and streaming division

ITV has agreed a £1.6billion deal with Sky, the owner of Sky News, for its media and entertainment arm following months of talks.

The agreement, subject to shareholder and regulatory approval, will create the UK's largest commercial broadcaster.

The proposed combination was first revealed last November.

Read more from Sky News.

Overseas voters moving to UK could face £100,000 donations cap for year

Overseas voters moving to the UK would be prevented from giving more than £100,000 in political donations for a year after their arrival, under new proposals.

Ministers announced the planned restriction alongside tougher checks on company donations, which they believe will help stop foreign money from influencing UK elections.

The government previously announced a £100,000 annual cap on donations from British citizens living overseas backdated to 25 March.

Read the full BBC article here.

‘Deteriorating’ Greyfriars Church in Aberdeen to be repaired – as council orders owner to take action

Fresh boarding has been put up to stave off decay at Greyfriars Church as Aberdeen City Council reveals “ongoing” work by the owner to repair the historic building.

In 2017, proposals were approved to turn the historic Gothic-style landmark on the corner of Broad Street and Queen Street into a high-end bar and restaurant.

These were put forward by The Scotsman Group (formerly G1), who also own Woolmanhill Hospital.

Read the P&J exclusive here.

EasyJet agrees £5.5bn takeover offer from US investment firm

The board of easyJet has agreed to recommend a takeover offer pitched at £5.5 billion from a US investment fund at the fifth time of asking.

The London-listed airline, which is chaired by Sir Stephen Hester, the City grandee, said it had “reached an agreement in principle on the key financial terms of a recommended cash offer” at 690p a share by Castlelake, a Minnesota-based firm. It is backed by Brookfield, the Canadian private equity firm, and Goldman Sachs, the Wall Street bank.

The agreement follows the rebuffing of four previous indicative offers made by Castlelake over the past month, which started at 560p and rose to 600p, 625p and 650p. The fourth offer appeared to push the door open when easyJet said it was prepared to open its books, in part, to Castlelake for further due diligence investigation.

Read more in The TImes.

Pizza Express held inquiry into Andrew's Woking claim

Pizza Express held an internal inquiry into whether Andrew Mountbatten Windsor had visited its restaurant in Woking, BBC Newsnight has learnt.

The former prince claimed in his infamous 2019 Newsnight interview that he had been at the branch in Surrey on the day he was alleged to have slept with Virginia Giuffre, one of late sex offender Jeffrey Epstein's victims.

BBC Newsnight has now discovered the pizza chain investigated the claim and found no evidence that he had - or had not - been there. Our research has also found no record of anyone seeing him there on the night in 2001.

Read more on the BBC website.

Cops probe claims of 'missing £1.5m' from Indy campaign group with close links to SNP

Police are investigating claims £1.5million went missing from the accounts of the 2014 Yes campaign – an organisation with close links to the SNP.

Former Nationalist branch secretary David Henry will meet detectives this week and hand over a dossier of evidence alleging “anomalies” in the books of Yes Scotland Ltd.

The Sunday Mail can reveal the company, which ran the official 2014 Yes Scotland referendum campaign, had £1,524,998 in income which it is claimed is unaccounted for.

Tackle workplace sickness to unlock hidden growth, former John Lewis boss says

Tackling unemployment linked to long-term illness will unlock economic growth that's "hiding in plain sight", former John Lewis chair Sir Charlie Mayfield has said.

More than 250 of the UK's biggest employers, including British Airways, Tesco, Royal Mail, and several government departments, have signed up to his Get Britain Working taskforce.

The group aims to prevent people dropping out of work due to ill-health and encourage those signed off to come back, with official figures showing the issue costs the UK £212bn a year.

Get the full story on the BBC website.

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