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

Look inside revamped Aberdeen strip club Private Eyes

Aberdeen’s original Private Eyes strip club has reopened its doors after a four-year hiatus – revealing a refreshed interior, major lighting and sound upgrades, and a more show-focused approach.

The Chapel Street venue, which first opened in 1998, was the first in what became a chain of Private Eyes gentlemen’s clubs across Scotland. It was mothballed during the Covid-19 pandemic and remained shut while the company’s Bridge Street venue continued to operate.

Now, following a £150,000, refurbishment, the club has been reimagined with inspiration from the US club scene.

Read the full story on the P&J website. 

Peak rail fares 'gone for good' on ScotRail trains

Many ScotRail passengers will benefit from cheaper travel after the state-owned rail operator scrapped peak fares.

From 1 September, the higher fares for busy times will no longer be imposed, meaning significant savings for customers.

A rail ticket from Edinburgh to Glasgow will be almost 50% cheaper, with trips between Perth and Dundee a third less than previously.

How coffee chains like Costa lost the matcha generation

Coffee and tea drinking trends are changing particularly among younger generations, analysts say, and when combined with higher coffee prices and cost of living pressures in general, chains like Costa are in hot water. 

But not Blank Street which began in 2020 as a tiny coffee cart in the garden of a Brooklyn diner before expanding across New York, Washington and Boston. It opened its first London store in 2022 and now has about 35 in the capital with two in Edinburgh. Its popularity has in part been driven by its TikTok appeal, with fans posting videos of themselves ordering in its minty fresh decorated cafes or at free tattoo pop up events.

Costa's owner Coca-Cola is reportedly looking to sell the chain, with one analyst suggesting it could go for £2billion, - about half of the $4.9billion (£3.9bn) it paid in 2019.

Click here to read more. 

P&O Ferries boss who sacked 800 staff quits

The boss of P&O Ferries who presided over the mass sacking of hundreds of workers has quit his role.

Chief executive Peter Hebblethwaite sparked outrage after he sacked 800 staff and replaced them with cheaper agency workers in March 2022.

P&O Ferries told the BBC Mr Hebblethwaite was resigning to "dedicate more time to family matters".

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