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

Nicola Sturgeon refuses to publish police statement

Nicola Sturgeon is now refusing to publish the written statement she provided to police after she was arrested and interviewed under caution in relation to her estranged husband Peter Murrell’s embezzlement.

The former first minister’s lawyer, Aamer Anwar, told The Scotsman his client had been “exonerated” and there was “no onus on her to now prove her innocence in the court of media opinion”.

Ms Sturgeon previously revealed she had sent detectives and the Crown Office and Procurator Fiscal Service (COPFS) a written document in 2023 “answering the questions that had been put to me”.

In May, she indicated she would be happy to publish this, but appears to have changed her mind.

Social media ban an ‘existential threat’ to small tech businesses

The government’s social media ban for children under 16 poses an “existential” threat to tech companies who might be inadvertently caught in the crossfire, industry figures have warned.  

The prime minister announced a blanket ban on under-16s accessing user-to-user platforms such as TikTok and Instagram. Ministers also intend to block certain features, like livestreaming and stranger communication, across a “wider range of online services”.

The government is expected to publish further details this month, but in the meantime many small businesses have been left wondering whether they will fall within scope of the ban.

Get the full story in The Times.

UK bans support for Iran's Islamic Revolutionary Guard Corps

Home Secretary Shabana Mahmood has announced Iran's Islamic Revolutionary Guard Corps (IRGC) will be designated a threat to national security.

Mahmood will use new government powers to ban support for the group, which has been linked to death threats, attacks and intimidation in the UK.

In a written statement to Parliament, she set out how support for the IRGC, from expressing a positive opinion to assisting them, will now be an offence punishable by up to 14 years in prison.

Read more on the BBC website.

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