Here are the top business stories making the headlines in the morning newspapers.

Bank of England needs to 'move faster' to tackle inflation

The Bank of England has taken too long to raise interest rates and will need to "move faster" to get a grip on inflation, one of its former deputy governors has said.

The Telegraph says that Charlie Bean, who was a senior official on Threadneedle Street throughout the financial crisis, criticised the Bank's recent decision to hold off from raising rates until December and said households should brace for a looming "shock".

The Bank's Monetary Policy Committee raised the cost of borrowing from 0.1% to 0.25% last month, as it warned that inflation was set to reach 6% in the spring.

But the move came after it caught financial markets off guard by holding rates steady in November, despite heavy hints of a rise.

Sir Charlie said that the Bank's stance "has erred too much towards looseness through the course of the past few months", adding that he was "surprised" by the decision to hold off in November.

New HIE boss wants upgrades to Inverness-Aberdeen road

Upgrades to the key A96 and A9 routes are needed to help the north reap benefits from major green energy developments, according to the new chief executive of Highlands and Islands Enterprise.

Stuart Black says parts of the A96 Inverness-Aberdeen road should be upgraded.

He also feels the dualling of the A9 Inverness-Perth route is "vital" to making the north an "economic powerhouse" in future.

The Press and Journal says the future of the project to dual the A96 has been put in doubt since the SNP-Greens formed a power-sharing pact last year.

It is now subject to an evidence-based climate review, with the findings not due until the end of this year.

But Mr Black said improvements between Inverness and Elgin, including a Nairn bypass, are particularly needed following the recent ScotWind announcement.

Going back to the office 'will help junior workers'

Returning to work in offices will help younger staff with their careers, the boss of a pub firm has said.

Clive Watson, chief executive of City Pub Group, said junior workers needed mentors which they could not get access to while working from home during the pandemic.

He said that having staff working in offices would help build the "culture" of businesses.

"Every junior staff needs a mentor, every junior staff needs to go to someone in the office to help them with their roles and they can't really do that from home," Mr Watson, whose firm owns 45 pubs, told the BBC's Today programme.

"You can bring in a flexibility to the office work-life. But I think it's very important for office workers' mental wellbeing to be back in the office and be working alongside their colleagues."

Warning over Chancellor's alcohol reforms

Scotch whisky leaders have warned the Chancellor's alcohol reforms will unfairly target spirit drinkers and "fail" the drinks industry.

Rishi Sunak, who does not drink alcohol, says he wants to reform the UK's 380-year-old system of alcohol duty, calling it "outdated, complex and full of historical anomalies".

His plan aims to simplify alcohol tax brackets and is due to be introduced next year. The proposals would reward lower-strength drinks, with the duty levied on wine with an alcohol content above 11%, high-strength cider and fortified port all being increased.

But the Press and Journal says the Scotch Whisky Association wants the Chancellor to back down.

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