Here are the top business stories making the headlines in the morning newspapers.
Mini-revolt over pay for bosses at FirstGroup
Scottish transport giant FirstGroup has suffered a mini revolt over its pay awards for top bosses.
The Press and Journal says nearly 16% of shareholder votes cast in the ballot on remuneration at the Aberdeen-based firm's annual meeting opposed the payouts.
But all other resolutions voted on at the AGM, held in London, nearly 400 miles from FirstGroup's Granite City headquarters, secured shareholders' overwhelming support.
The firm's largest pay package for the year to March 26 - worth nearly £2.25million - was for former chief executive Matthew Gregory, who stepped down from the board on September 13 2021 but remained an employee until yesterday.
Chief financial officer Ryan Mangold received nearly £1.9million.
Mr Gregory's successor, Graham Sutherland, has been at the helm since May.
An AGM trading update from FirstGroup, which recently knocked back a £1.2 billion-plus takeover approach from private equity company I Squared Capital Investors, said current trading was in line with expectations.
The FTSE 250 company added: "While some uncertainty remains around the pace of recovery in light of the pandemic and the broader macroeconomic backdrop, we expect the group to make significant further progress in the current financial year."
Funding for electric car battery factory
A firm planning mass production of electric car batteries in the UK has had Government funding approved for its proposed factory.
Britishvolt will build the plant in Northumberland, creating 3,000 jobs.
The BBC understands Whitehall has committed about £100million through the Automotive Transformation Fund.
The £3.8billion plant - which is being built in Cambois on the site of the former Blyth Power Station - will also receive backing from investors Tritax and Abrdn, which should unlock about £1.7billion in private money.
Reopening of Union Terrace Gardens
A reopening date of the first section of Union Terrace Gardens in Aberdeen is still uncertain.
First expected to open last summer, global events from Covid to the war in Ukraine have been blamed for ongoing delays in the £28million revamp of the park.
A "soft opening" of the Victorian sunken gardens was called off at the last minute at the end of April.
The Press and Journal says bosses blamed supply issues for the sudden cancellation then.
And Town House insiders state those troubles are still making it "impossible" to give a completion date.
They claim contractor Balfour Beatty still faces problems sourcing materials and workers.
But officials think, on information currently available to them, that the project will be "practically completed later this year".
Price hike for McDonald's cheeseburgers
Fast-food chain McDonald's has put up the price of its cheeseburger for the first time in more than 14 years, due to growing cost pressures.
The company said its UK restaurants would be adding between 10p and 20p to a number of items.
The price of a cheeseburger has increased from 99p to £1.19.
Companies are facing increased costs for things like fuel, wages and ingredients, with prices rising at their fastest rate for 40 years.
In an e-mail to customers, McDonald's UK and Ireland chief executive Alistair Macrow said the company was facing "tough choices" about its prices.
"We understand that any price increases are not good news, but we have delayed and minimised these changes for as long as we could," he said, adding that some prices were unaffected.
The BBC says prices vary across different restaurants as some are operated by franchisees, who can set prices based on recommendations from McDonald's.