Here are the business stories making the headlines across Scotland and the UK this morning.
Google may be forced to make changes to UK online search, says watchdog
Google may have to make changes to its search services in the UK to ensure greater competition, the watchdog has said.
The Competition and Markets Authority (CMA) is investigating the American technology giant under a new law which means the regulator can demand changes at a firm if it is found to hold too much power in a particular market.
Google accounts for more than 90% of searches in the UK and 200,000 businesses use the company's search advertising to reach customers.
Click here to read more.
Co-op staff say they are being put at risk by having to work alone
Co-op staff have accused the supermarket of putting their safety and security at risk by having too few people on duty – with some saying they have been threatened while working alone on the shop floor.
Despite a surge in theft, many report being left alone to pack online orders and manage self-checkouts and tills in some small stores. In larger outlets, staff say they can be left in the same position when a colleague takes a break or is managing deliveries.
Now fears have risen as the Co-op, which has campaigned extensively on the problem of shoplifting, rolls out Project Lunar, a plan to introduce lone working with only one person on duty in quieter stores.
HSBC pushed for space in getting workers back to the office
HSBC’s post-pandemic downsizing of its London office means its workers will be able to find a desk only one-and-a-half days a week, leaving the lender’s board with a big, and potentially costly, decision to make over the summer.
Europe’s largest bank, which emerged as the flag-bearer for the office downsizers during lockdown, will decide over the coming weeks whether to acquire more desk space for its teams in the UK, as well as India and China.
Bosses are conscious that the extra room will be necessary if they press ahead with plans to get workers, including 34,700 in the UK, back in the office for at least three days a week.
Read more in The Times.
Revolut founder Nik Storonsky in line for Elon Musk-style payout
The Revolut founder Nik Storonsky could be rewarded with an Elon Musk-style shares jackpot worth billions of dollars if he manages to treble the valuation of the London-based digital bank.
An incentive deal struck years ago is due to trigger a gigantic payout if the valuation of Revolut mushrooms from the present $45billion to $150billion, the Financial Times reported.
The terms mean that Storonsky could be handed additional shares worth as much as 10% of the entire company, it said. He owns a stake of about 25%.