Here are the top business stories making the headlines in the morning newspapers.

New dawn for North Sea

A new dawn for the North Sea could be imminent with long-awaited details about the UK's climate compatibility checkpoint expected shortly.

Energy Voice says Westminster will soon publish the results of a consultation, launched last year, on the design of the new checkpoint system that future oil and gas projects will need to meet.

Trade body Offshore Energies UK says the approach will boost UK energy security, while also keeping a lid on greenhouse gas emissions.

As part of a wider strategy designed to ramp up domestic energy sources, Prime Minister Liz Truss recently announced plans for a new offshore licensing round.

Dozens of blocks around the UK will be offered up to companies, opening the door for more exploration and production.

Areas off the north-east of Scotland, Orkney and Shetland are all likely to be in the mix.

Real living wage pay boost

Around 400,000 workers at businesses that have volunteered to pay the real living wage are set to get a pay boost.

The hourly rates are rising by £1 to £10.90 across the UK and by 90p to £11.95 in London with immediate effect.

The BBC says the Living Wage Foundation has brought forward its November rate rise due to the soaring cost of living.

But critics say some firms faced with prices hikes will struggle to afford it. The National Minimum Wage is £9.50 an hour for those aged 23 and over.

Capturing economic value from offshore wind

A UK developer has sparked debate on capturing economic value from the country's offshore wind boom.

Speaking at an event hosted by Vysus Group in Aberdeen, Allan MacAskill, technical director of Flotation Energy, said the UK needs to be focused on what it can achieve.

Energy Voice says the discussion turned to manufacturing and the welders which might be needed to capture value, though Mr MacAskill questioned whether that tactic is "sensible".

On the wind boom, he said: "I think we really have to start thinking about what it is we want to actually achieve, and also to determine whether we want to reinvent things that we did in the past.

"Are we going to be the builders of it or are we going to be the managers, the designers and the developers of it?

"I don't know the answer, but I'm not convinced that by building all the components of offshore wind here in the UK is a sensible thing to do."

999 call-centre staff to strike

Hundreds of 999 call centre staff are set to join strikes scheduled for next month.

Some 40,000 BT Group workers will strike on October 6, 10, 20 and 24 October in a dispute over pay, said the Communications Workers Union.

The union said it also expected 400 workers employed as 999 emergency call handlers would take part.

The BBC says BT would "do whatever it takes to protect 999 services" by moving staff to cover emergency calls.

Eni seeks carbon-storage licence

Italian energy giant Eni has applied for a carbon-storage licence for the depleted Hewett field in the southern North Sea.

Energy Voice says that, in support of the request, the company has also announced the creation of the Bacton Thames Net-Zero initiative.

Should the North Sea Transition Authority green light Eni's application, it would pave the way for emissions to be stored in Hewett.

Located about 14 miles off the Norfolk coast, the gas field has been described as an "ideal site" for permanently and safely locking away carbon.

It has a total capacity of about 330million tonnes, according to Eni.

Woodford fund administrator faces £50million penalty

The administrator of Neil Woodford's collapsed income fund faces a £50million penalty on top of £306million in redress payments for its role in the fiasco, the regulator has announced.

The Financial Conduct Authority confirmed that it had issued Link Fund Solutions with a draft warning notice of the fine for its role overseeing the collapsed Woodford Equity Income Fund.

The Telegraph says Link was the authorised corporate director of the Woodford fund, which meant it had a duty to monitor the fund and hold the fund manager to account.

Mr Woodford's fund was suspended and eventually shut down in 2019, after the former star stock-picker was unable to sell assets quickly enough to meet mounting withdrawal requests. More than 300,000 investors were left nursing heavy losses.

New leadership team for DNS

Decommissioning-focused industry body Decom North Sea (DNS) has officially announced the appointment of a new leadership team.

Energy Voice says that, following a period of interim leadership, Sam Long has been confirmed as the organisation's chief executive officer, while former board chairman Callum Falconer joins him in the role of operations director.

Formed more than a decade ago, the 230-strong DNS membership includes representatives from operators, major contractors, services specialists and technology developers.

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