Here are the business stories making the headlines across Scotland and the UK this morning.
Woolmanhill owner offers ‘deal’ for council to house Raac residents in ruined hospital
The owner of Aberdeen’s abandoned Woolmanhill Hospital has offered the council a “deal” to turn the ruined building into housing for residents being moved out of crumbling Torry homes.
The Press and Journal revealed how the property firm in charge of the increasingly dilapidated landmark came up with the striking idea in an email sent to the local authority this summer.
It was suggested that Torry residents having to relocate amid the Raac crisis could instead be housed in the A-listed venue.
Read the exclusive on the P&J website.
Murdochs likely to be involved in US TikTok deal, Trump says
Rupert Murdoch and his son Lachlan are expected to be part of a group of investors trying to buy TikTok in the US, President Donald Trump says.
In a Fox News interview that aired on Sunday, Trump said the men would "probably" be involved in a proposed deal to keep TikTok operating in the US. He also said Oracle chairman Larry Ellison and Dell founder Michael Dell would likely be involved.
"I think they're going to do a really good job," Trump said, describing the men as "American patriots".
Gatwick second runway plan approved by transport secretary
Transport Secretary Heidi Alexander has approved plans for a second runway at London Gatwick Airport, as the government looks for economic growth opportunities.
The £2.2bn privately-financed project involves in effect moving the current Northern Runway 12 metres to bring it into regular use, as well as other developments, including extending the size of terminals.
Chancellor Rachel Reeves said the plans would create "thousands of jobs and billions in investment", but the project has long faced opposition and the Green Party described it as "disaster".
Click here to read more.
UK formally recognises Palestinian state
Sir Keir Starmer has announced the UK's recognition of a Palestinian state, in what represents a significant change in government policy.
In a video statement on X, the prime minister said: "In the face of the growing horror in the Middle East we are acting to keep alive the possibility of peace and a two-state solution."
Australia, Canada and Portugal also announced formal recognition of the state of Palestine, with France expected to follow.