Here are the business stories making the headlines across Scotland and the UK this morning.
Ellon housebuilder to axe up to 25 jobs
Ellon housebuilder Scotia Homes has confirmed it is to cut up to 25 jobs.
The firm, which currently employs 168 people, has blamed “significant challenges” facing the housebuilding sector.
Joint managing director Richard Begbie said the redundancies were in response to “current market conditions”. It’s the second time in two years that Scotia Homes has been forced to make redundancies.
Read the exclusive in the P&J.
MSPs pass bill to scrap SQA for new Scottish exams body
MSPs have passed legislation which will see Scotland's school exams agency replaced.
The Scottish Qualifications Authority is to be scrapped in favour of a new body called Qualifications Scotland. The Education (Scotland) Bill also sets out plans for a new inspector of education.
The changes follow controversies over exam marking in recent years, with government ministers arguing they will improve the system.
Bumble to axe almost a third of staff as dating app struggles
Dating app Bumble is axing almost a third of its workforce, as it struggles to grow and investors sour on its prospects.
In a note to staff, chief executive Whitney Wolfe Herd said she was responding to pressures facing the company, as the dating industry faces an "inflection point".
"We need to take decisive action to restructure to build a company that's resilient, intentional, and ready for the next decade," she said.
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