Here are the business stories making the headlines across Aberdeen, Scotland and the UK this morning.

Inside Reform: Councillors and candidates' extreme and racist views on camera 

An undercover investigation by ITV Exposure into Nigel Farage’s Reform UK has found multiple elected councillors and party candidates expressing racist views and using offensive language, calling Muslims “parasites” and describing black children as “animals”.

One undercover reporter recorded a Reform councillor from South London calling for King Charles to be decapitated because he “is a Muslim”, while another senior Reform councillor from Solihull said of Asian people: “drag them out of their homes, stick them on planes and f*** them off to Pakistan.”

The ITV investigation has obtained secretly recorded footage showing elected Reform officials from across England and Wales using violent, racist and sexist language.

Netflix to shed 1,000 jobs in steepest cuts since 2022

Netflix has said it will cut 1,000 jobs globally as the streaming giant faces competition from rivals.

The cuts - the steepest since 2022 - will mainly affect its human resources, legal, product and technology teams and equates to around 6% of its total workforce.

Last month, Netflix 's co-chief executive, Ted Sarandos, told the Bloomberg Screentime summit that the company was "not growing as fast as I want us to".

Read more on the BBC website.

I do not have confidence UK is safe from Russian threats - Swinney

First Minister John Swinney says he does not have confidence the UK is safe from potential Russian threats.

The SNP leader said the UK government, which is in charge of Britain's defences, did not have a sufficient "presence" in vulnerable areas off Scotland's coast.

He said he was "very worried" by security fears highlighted this week by the head of MI5, Sir Ken McCallum, who named Russia as "aggressor number one".

Read the BBC story here.

Zelensky: My people are dying after Trump’s Starlink betrayal

President Zelensky has said he feels “betrayed” by the United States after access to Elon Musk’s satellite communications system was restricted as Russia rained missiles and drones down on Ukraine.

The Ukrainian president said “people will die” because of the decision, apparently at the behest of the White House, to curb Ukraine’s access to Starshield, the military-grade version of Starlink.

“This is not the right side of history,” Zelensky told Piers Morgan Uncensored. Asked by Morgan if he felt betrayed by events of the past few days, he said: “Really, yes.”

Read more in The Times.

Anthropic flags revenue surge to investors ahead of stock market debut

Artificial intelligence (AI) giant Anthropic saw its revenue surge by 45% to $16.8bn (£12.7bn) in the three months to the end of September, the BBC understands.

The figures were revealed by the Claude-developer in a briefing for prospective investors on Wednesday as it lays the groundwork for a stock market listing, which is expected to take place before the end of the year.

It comes as some tech stocks, including firms that make the chips and other hardware that power data centres, have fallen in recent days over concerns about the hundreds of billions of dollars being spent on AI infrastructure.

Read the BBC article here.

Billionaire behind The Range joins battle for Poundland

The owner of The Range and Wilko is the latest bidder to emerge in the Poundland sale process, as Gordon Brothers races to secure a deal and avoid disruption before the peak Christmas trading period.

CDS Superstores, which also owns Homebase, is among the “dozens” of parties to have expressed interest in the value retail chain.

The Times understands the retail group had initially expressed interest in acquiring the whole of Poundland, but is now only interested in parts of the business and a selection of stores.

White House defends new press secretary amid questions about her legal credentials

The White House is defending its new press secretary, Katie Zacharia, as she faces scrutiny over her legal credentials.

President Donald Trump described Zacharia as an attorney when announcing her appointment last week and she has referred to herself as a lawyer.

But when she was asked on Tuesday by a reporter in which state she had passed the bar exam required to be an attorney in the US, she said standing alongside the president: "When I moved to China."

Find out more from the BBC.

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