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

Aberdeen Lord Provost 'systematic bullying' complaint lodged by councillor

An Aberdeen councillor has made a complaint to the Ethical Standards Commissioner accusing the city's Lord Provost of bullying, BBC Scotland News has learned.

Independent Jennifer Stewart alleges the SNP's David Cameron has "systematically bullied" her within the council chamber.

She also described "aggressive", "sexist" and "misogynistic" behaviour.

Mr Cameron said he refuted the allegations.

Asos expects sales slump to continue as it is hit by near £300m loss

Asos has warned sales will continue to fall in the year ahead – by much as 15% – after delayed results revealed a near £300m annual loss.

Shares fell almost 8% on Wednesday to 365p after analysts expressed fears that the online fashion retailer would need to raise new cash – potentially through the sale of its Topshop brand – with net debt including leases now at £648.5m, up from £533m a year before.

Asos said it planned to sell or mothball its fulfilment centre in Lichfield, Staffordshire, later next year.

The site has assets worth £110m but lease liabilities of about £30m, plus a potential cost of £45m to complete an automation fit out. More than 200 people are employed at the warehouse and their jobs are potentially at risk.

Eagerly awaited Union Street takeaway German Doner Kebab finally opens

‘Posh’ kebab takeaway German Doner Kebab has opened its doors to Aberdeen customers.

The eagerly anticipated Union Street eatery welcomed in a horde of hungry kebab fans for the very first time on Wednesday at 12pm.

It comes after a wider campaign to revamp the Aberdeen city centre as GDK comes to the street after a £500,000 revamp of the former Molton Brown unit.

Punters were even treated to a live DJ set to celebrate the first day of business.

Interest rates predicted to be held again

Interest rates are expected to be left unchanged as the Bank of England looks to balance the impact of higher rates on the UK economy.

Sluggish economic growth and signs that the country's job market is slowing down have led to predictions that rates will be held at 5.25%.

Rates had been hiked previously in bid to slow the pace of price rises and are at the highest level for 15 years.

The Bank of England, which sets rates, will reveal its decision at midday.

Money markets have placed a 92% chance that rates will be held.

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