Here are the business stories making the headlines across Scotland and the UK this morning.
Ministers step up scrutiny of NHS Grampian over spending concerns
The Scottish government is to increase scrutiny on NHS Grampian over concerns about its finances and governance.
The health board has been escalated to stage four out of five on NHS Scotland's National Performance Framework.
Health Secretary Neil Gray said there were "continuing concerns" about NHS Grampian's financial management.
UK jobs market continues to weaken
The UK's job market has continued to weaken with the number of workers on payrolls falling in the first quarter of the year.
The number of job vacancies also fell again, according to the latest figures from the Office for National Statistics.
Wage growth slowed, but pay is still rising faster than the rate of inflation.
Immigration reforms risk harming economy, businesses warn
The government’s immigration reforms will damage the economy if they are not accompanied by an urgent overhaul of the country’s “fundamentally flawed” approach to training, business groups have warned.
The Institute of Directors said Sir Keir Starmer’s “comprehensive plan” to reduce immigration significantly would raise further concerns “for the many employers already struggling to access the skills they need”.
Alex Hall-Chen, principal policy adviser for skills and employment at the group, said the plans set out by the prime minister on Monday “risk damaging already fragile economic growth by further limiting employers’ ability to fill urgent skills gaps”.
Click here to read more.
Lloyds snubs Reeves’s push to back British companies
Lloyds Bank has snubbed Rachel Reeves’s push to get pension funds to invest more in the UK, dealing a blow to the Chancellor’s bid to boost growth.
The lender’s pension arm Scottish Widows has refused to sign up to a pact that will see Britain’s largest retirement funds invest £50billion in infrastructure, property and private equity by the end of the decade – half of which will be in the UK.
The Telegraph first revealed details of the updated agreement last month, known as the Mansion House Accord.