Here are the business stories making the headlines across Scotland and the UK this morning.
Tiger Tiger to be revived by dance group after 12 YEARS empty
A former Aberdeen nightclub closed for more than a decade could be given a new lease of life, as a city dance group eyes up a new location.
The fondly recalled Tiger Tiger on Shiprow shut its doors in 2014, and parts of the huge building have remained closed ever since. The lower ground level was taken on by bowling alley Lane 7 in 2017, but the other floors of the three-storey complex still sit empty.
Now there are hopes local dance group Citymoves could take on part of the abandoned premises.
Nigel Farage invests in crypto firm led by Kwasi Kwarteng
Nigel Farage has invested £215,000 in a cryptocurrency business chaired by the former Conservative chancellor Kwasi Kwarteng.
The Reform UK leader purchased 4.3 million shares in Stack BTC through his investment vehicle Thorn in the Side Ltd, at a price of 5p a share. The investment left Farage with a 6.3% stake in the crypto firm, the company reported on Monday.
Stack, which is listed on the challenger stock exchange Aquis in London, operates by building a “portfolio of high-quality, cash-generative businesses” and using the surplus cash to accumulate stocks of bitcoin, the world’s most popular cryptocurrency.
First look inside revamped Mackie’s 19.2 as Aberdeen parlour reopens
A popular Aberdeen ice cream parlour reopened its doors today following a major refurbishment — the latest example of Mackie’s of Scotland investing in the North-east.
Mackie’s 19.2, the well-known dessert spot in Marischal Square, reopened to customers at noon on Monday, March 9 after a three-week makeover designed to refresh the space and strengthen its connection to the Aberdeenshire farm where the company’s ice cream is produced.
The revamp marks the first significant redesign since the parlour opened in 2017 and aims to bring more of Mackie’s rural identity into the heart of the Granite City.
Nick Clegg and Sheryl Sandberg join Josh Payne’s UK AI start-up
Sir Nick Clegg has joined the board of Nscale, the British developer of data centres for powering artificial intelligence technologies, as it completed a fundraising round that values it at $14.6billion.
The former UK deputy prime minister and former president of global affairs at the social media group Meta became a director of Nscale alongside Sheryl Sandberg, Meta’s former chief operating officer.
The AI infrastructure business is among Europe’s most valuable start-ups after raising $2billion from investors, including Nvidia, the Silicon Valley chip maker founded by the billionaire Jensen Huang, who has said the company “could be a national champion for the UK”.
Thousands of lawyers oppose jury restriction plan
More than 3,200 lawyers including 300 top barristers and retired judges have called on the government to drop a plan to abolish some jury trials.
The letter to Prime Minister Sir Keir Starmer, a former director of public prosecutions, says there is no evidence the "unpopular" plan will solve unprecedented delays in criminal courts.
The proposals, which return to Parliament on Tuesday, would replace juries in England and Wales with a single judge in cases where a convicted defendant would be jailed for up to three years.