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

STV job cuts expected after financial losses

Scottish broadcaster STV is expected to announce significant job cuts later.

The company has revealed that it lost £0.2million before tax in the first six months of the year. Advertising revenue also fell to £45million compared to £50million in the same period last year. It is to seek £3million of savings, including £2.5million by next year. 

In July, STV's share price fell by a third after it warned that profits would be lower than previously expected. The broadcaster said then that it was looking to make £750,000 of savings in addition to those already anticipated.

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Co-op says cyber attack cost it £206m in revenue

The Co-op has said the cyber attack it suffered earlier this year cost it at least £206m in lost revenues.

The retailer's IT networks were infiltrated by hackers in April, resulted in payment problems, widespread shortages of goods in shops, and the loss of customer data.

Co-op chair Debbie White said the "malicious" attack had caused "significant challenges" in the first half of 2025.

Labubu dolls make up 90% of fake toys seized at UK border

Labubu dolls made up 90% of the £3.5million worth of fake toys seized at the UK border so far this year, according to Home Office data.

Labubu is a quirky monster character created by Hong Kong-born artist Kasing Lung, and are mainly marketed as adult collectibles and fashion accessories, with some stating they're only suitable for those over 15 on the box. 

But nearly three in four seized toys failed safety tests, with the "dangerous fakes" being found with harmful chemicals or choking hazards according to the Intellectual Property Office (IPO).

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Ryanair accused of ‘disgraceful’ attitude to older passengers

Ryanair has been accused of ignoring elderly passengers after confirming plans to scrap paper boarding passes.

A Ryanair shake-up, due to take effect in November, will result in 40 million Ryanair customers who use paper tickets being forced to carry passes on a smartphone, which campaigners said will make travelling harder for older passengers.

Silver Voices, an over-sixties lobby group, branded the decision a “disgraceful move” and said the low-cost airline was putting profit ahead of the well-being of customers.

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