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

Covid inquiry hears impact on firms and staff

Workers and business leaders have told the Covid-19 inquiry about the devastation they faced during the pandemic and the difficulties they faced accessing support.

Business owners described breaking into tears as they were forced either to lay off staff or shut up shop entirely, while employees told how they feared for their jobs.

The comments were included in 8,000 submissions from the public, and come as the third stage of the inquiry focuses on the measures taken to support workers' incomes and keep businesses afloat when the pandemic struck.

Multi-million-pound investment for new Aberdeen truck and bus centre

Aberdeen is set to get a boost in jobs and skills as MAN Truck and Bus unveils plans for a new multi-million-pound dealership in Altens.

The facility is expected to create around 15 new positions, ranging from technicians and sales staff to customer service roles and apprenticeships.

MAN Truck and Bus is a German-headquartered manufacturer known for its vans, trucks, buses and coaches.

Rachel Reeves to hit 100,000 properties with mansion tax to balance books

Rachel Reeves will hit more than 100,000 of Britain’s most expensive properties with a surcharge worth an average of £4,500 as she seeks to balance the books by increasing taxes on the wealthy.

The chancellor has pared back plans for the property tax, increasing the threshold at which it applies from £1.5million to £2million to ensure that the most expensive properties are affected.

Reeves plans to raise £400-£450million from the levy, which will be collected through council tax bills. The owners of more expensive homes will pay significantly more.

Number of jobless university graduates surges by 8,000 in a year

The number of graduates still unemployed more than a year after leaving university has surged by 8,000 amid a youth jobs crisis.

A poll of 2023 university leavers by Prospects at Jisc, a graduate careers website, found that 6.2% of graduates – or 56,900 – were still out of work 15 months after ending their studies. That was up from 5.6% or 48,700 in the previous year.

The rise highlights how graduates are struggling to find entry level roles amid a hiring slowdown across the workforce.

BBC may not be in 'safe hands' under its chair, says committee head

The head of the culture select committee has questioned whether the BBC board is in "safe hands" under its chair Samir Shah, describing his evidence to MPs on Monday as "wishy-washy".

Shah appeared in front of the Commons committee after a turbulent period for the BBC, which has seen its director general and head of news resign after claims about impartiality in its reporting.

Speaking to the BBC's World Tonight after the hearing, Dame Caroline Dinenage, the most senior MP on the committee, said she was concerned about a lack of "grip at the heart of BBC governance".

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