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

Iran war won't end until after crucial November elections, says Trump

US President Donald Trump has said he does not think the Iran war will end until after November's midterm elections, adding that oil prices will not come down until then.

"I think the war's going to end immediately after the election because they can't hold out any longer," Trump said of Tehran on Wednesday.

He made the comments as he headed to Texas for the party's first-ever midterm election convention, when the balance of power could change in the US government.

Read the full BBC article here.

PM would consider independence referendum if 'clear consensus' emerges

The prime minister has suggested another Scottish independence referendum could be held - if public opinion shows demand for one.

Andy Burnham previously told First Minister John Swinney that a second referendum was "off limits".

But, speaking at Prime Minister's Questions, Burnham appeared to indicate a vote could be held if there was clear public support, comparing the situation to the conditions for a border poll in Northern Ireland.

Read the BBC story here.

Police launch criminal investigation into Reform UK donations

The Metropolitan Police is carrying out a criminal investigation into Reform UK over allegations it broke foreign funding laws, following a broadcast by Channel 4 News last week.

An undercover reporter recorded two senior Reform aides apparently suggesting a way around electoral law to secure foreign party donations, one of which would have totalled £500,000.

The police investigation by the Met's Special Enquiry Team is being folded into an inquiry that has been under way into other donations to the party.

Read more on the BBC website.

Air traffic failure was avoidable, says transport secretary

A technical failure of the UK's air traffic control system that has caused widespread flight chaos was avoidable, according to the Transport Secretary.

Heidi Alexander told the Commons she had ordered an independent investigation by the aviation watchdog into the system operated by Nats, which went down for four hours on Tuesday.

More than 2,000 flights have been cancelled as disruption continued for a second day with passengers stuggling to fly out of and into the UK.

Read more from the BBC.

Autoglass owner eyes window of opportunity for Belron flotation

The owner of Autoglass is considering one of Europe’s biggest stock market flotations in years as investors in the windscreen repair company look to cash in their investments.

D’Ieteren Group, a Belgian conglomerate, confirmed on Wednesday that it was “evaluating strategic options regarding the minority shareholder stakes” in the world’s largest windscreen replacement and repair business, including a potential listing.

Belron, which is majority-owned by D’Ieteren but headquartered in Egham, Surrey, was reported in January to be in line for a listing in Amsterdam, with a possible valuation of more than €30billion, as soon as next year.

Read more in The Times.

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