Here are the business stories making the headlines across Scotland and the UK this morning.
‘All good things must come to an end’: Aberdeen nightclub Underground announces closure
It is an institution for many Aberdonians, but Underground Klub has announced it will close its doors next month.
Popular for its themed nights, it became a go-to destination for students in the Granite City.
In April, the club announced that its well-known Carwash Tuesdays club night – infamous for its shenanigans – was coming to an end. And now the club itself is calling time – though bosses intend to stage some farewell events before it disappears.
Read more on the P&J website.
Aberdeen noodle library approved
A vacant Granite Mile unit will soon become home to the Aberdeen’s first ever “noodle library”.
Businessman Maaz Vohra has been given the green light to transform 164 Union Street and bring a taste of East Asia to the city centre with this novel concept.
Blueprints show the Noodle Library in Aberdeen will have a similar design to stores found in Seoul – combing a convenience store with a restaurant.
Value of small parcels sent from China to UK hits £3bn
The value of small parcels shipped from China to the UK under an import tax exemption more than doubled last year to £3billion, exclusive data obtained by the BBC shows.
Chinese e-commerce giants such as Shein and Temu are thought to be drivers of this increase as sales of cheap goods to online shoppers in the UK continue to rise.
The UK government is reviewing the rules that mean imports of small packages worth £135 or less currently avoid customs duties.
Ryanair to increase oversized bag bonus for staff
The bonus for Ryanair workers who intercept passengers with oversized cabin bags will rise from €1.50 to €2.50 per bag, the airline's boss said. Michael O'Leary told the BBC the change would come in this November, and that he made no apology for it.
Mr O'Leary said the bonus was meant to put off the small minority who brought cabin bags which were bigger than the size limit, insisting the airline was "not trying to catch people out".
He added that if people "don't comply with the rules and try to get on with an outsize bag, we will catch you and I would look forward to rewarding and bonusing our staff that pick out those oversize bags".
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