Here are the business stories making the headlines across Scotland and the UK this morning.
Trump family to launch $500 gold smartphone
The Trump family has unveiled plans to start selling a $500 (£368) gold-coloured smartphone and launch their own mobile network under the president’s name.
The Trump Organization will start selling the “T1” Android phone for $499 in August. The president’s sons Eric and Donald Jr have also launched a new “Trump Mobile” operator to cater to conservative consumers, which they said will “revolutionise cell phones”.
It comes as the Trump family seek to capitalise on the president’s popularity by building an ecosystem of businesses to serve Maga supporters.
Click here to read more.
WhatsApp to start showing more adverts in messaging app
WhatsApp is launching three new ad features in a global roll-out across the messaging app.
The Meta-owned platform says the new ads will not be shown in the same place as people's private chats, nor will the contents of their messages - which are encrypted - be used to decide which ads to display.
WhatsApp will instead use the country, city and language of the user, as well as how they interact with other ads and which channels they follow, to drive suggested content.
Closed Union Street art gallery could become new cafe and ‘wellbeing centre’
A Glaswegian businessman wants to turn a former Union Street gallery into a new cafe – just a few weeks after the arts venue closed due to “lack of footfall”.
Enid Hutt Gallery shut in March after more than a decade on the city’s high street.
At the time, director Clarke Hutt said ceasing trade in Aberdeen was suffering a “death by 1,000 cuts” and that they will be now focusing their effort on their Fife venue.
Read more in the P&J.
TSB put up for sale as Spanish owner retreats from Britain
TSB has been put up for sale as its Spanish owner looks to retreat from the British banking market after a decade.
Sabadell is exploring selling off its British subsidiary after receiving interest from potential bidders. The Spanish bank has begun circulating documents to interest parties and granted limited access to one of its data rooms to allow potential buyers to carry out due diligence, the Financial Times reported.
Last night Sabadell confirmed it has received approaches about TSB and said it would “assess any potential binding offers”.