Here are the top business stories making the headlines in the morning newspapers.
Factory powered by renewable energy for north-east
A plan to build a £4million timber frame factory powered by renewable energy is expected to create 11 jobs near Ellon.
NorFrame will design and build the facility, which the company says will be the first of its kind in the UK, in Foveran.
The Press and Journal says power for timber-kit-frame manufacturing will be generated from an on-site, anaerobic digestion plant fuelled by silage from a neighbouring farm.
It will eliminate the need for fossil fuels to heat or power the facility and its processes.
Eleven new jobs will be created and the factory will help safeguard a further 14, NorFrame said.
Spanning 31,000sqft, it is expected to be completed by spring next year and produce 20 timber kits per week for homes, schools and commercial buildings.
Defence giant creates more than 2,600 jobs
BAE Systems has announced it is to recruit more than 2,600 new apprentices and graduates in 2023.
The BBC says the majority of the roles will be based in Samlesbury and Warton in Lancashire and Barrow in Cumbria.
Opportunities are also available across the south of England and Scotland, including in cyber security, software development and aerospace engineering.
The firm has operations in Scotland's Central Belt.
BAE said it was essential "to equip young people with the skills they need to achieve their full potential".
The defence giant said: "Successful applicants will work on some of the world's most advanced technology programmes, playing an important role in delivering essential equipment and services to the armed forces to protect the nation's defence and security."
BAE said it invests approximately £100million in education, skills and early careers activities in Britain annually and currently has almost 4,300 apprentices and graduates in training across its UK businesses.
Date for next UK Budget
The next UK Budget, will be held on March 15, the Treasury has announced.
Chancellor Jeremy Hunt said the Budget would also be accompanied by a forecast from the Office for Budget Responsibility.
The BBC says the chancellor last set out his economic plans in November, including tax rises and a spending squeeze.
He claimed this would help tame soaring inflation.
The government's forecaster, the Office for Budget Responsibility, has said the UK is facing the biggest drop in living standards since record began as a result of rising prices.
It said inflation was expected to be 9.1% in 2022, dropping to 7.4% next year.
Gas price cap for EU
European Union nations have agreed to cap soaring wholesale gas prices to protect consumers across the bloc.
From February 15, prices will be limited if they breach 180 euros (£157) per megawatt hour for three days running.
It follows weeks of wrangling in which Germany and others sought safeguards to ensure the cap would be suspended if it had negative consequences.
Gas prices have spiked as EU countries seek ways to import less Russian gas following its invasion of Ukraine.
Previously Moscow supplied 40% of the gas used across the bloc, but those flows have fallen sharply - putting pressure on market prices.
The BBC says Kremlin spokesman Dimitri Peskov called the cap "unacceptable" and said it was an attack on market pricing.
Epic bill
The maker of popular video game Fortnite has agreed to pay £427million to resolve claims from US regulators that it violated child privacy laws and tricked users into making purchases.
The Federal Trade Commission (FTC) said Epic Games duped players with "deceptive interfaces" that could trigger purchases while the game loaded.
It also accused it of using "privacy-invasive" default settings.
The BBC says Epic blamed "past designs".
"No developer creates a game with the intention of ending up here," the company said. "We accepted this agreement because we want Epic to be at the forefront of consumer protection and provide the best experience for our players."
Fortnite, a battle royale game that became a global sensation after its launch in 2017, has more than 400million players around the world. The game is generally free to download, but makes money from in-game purchases of items such as costumes and dance moves.
The FTC said that the game, which matches strangers around the world for interactive battles, was aimed at children and teens, but despite that, its developer failed to comply with rules regarding parental consent - even after making changes to address internal and public concerns.
Twitter users want change of CEO
Twitter users have voted in favour of Elon Musk stepping down as the platform's chief executive after the billionaire ran a poll on his future.
A total of 57.5% voted "yes" after Mr Musk asked his 122million followers whether he should stand down.
Mr Musk, who recently bought Twitter for £36billion, said before the poll closed that he would abide by the result.
The BBC says the technology tycoon, who also runs Tesla and Space X, has faced much criticism since taking over the site.
Mr Musk is yet to comment since the poll closed. Even if he were to resign as chief executive, he would remain as Twitter's owner.