Here are the business stories making the headlines across Scotland and the UK this morning.
Victoria Beckham's company makes its first profit after 18 years
Victoria Beckham's fashion and beauty business has made an operating profit for the first time since she founded it in 2008, the company has said.
Victoria Beckham Holdings Ltd, which is led by the former Spice Girl as creative director, made an operating profit of £7.3m in 2025, accounts show, after years of losses.
"We have all worked hard for a long time for this moment of profitability and growth," Lady Beckham told the Financial Times.
Amazon rigged billions in ad pricing, lawsuit from states and US watchdog alleges
The US Federal Trade Commission (FTC) and a bipartisan group of 22 states has filed a lawsuit alleging Amazon secretly overcharged more than a million advertising customers by manipulating online auctions it uses to set ad prices.
The FTC and states say in their lawsuit filed Monday that the alleged scheme has likely netted the company $20bn from advertising customers since 2019.
"Amazon overrides and replaces the actual auction results with higher prices set by Amazon to increase its profits," says a complaint filed in the company's home state of Washington.
In a statement to the BBC, Amazon "strongly disagrees" with the premise that it misled advertisers and called the suit "misguided."
AI could cause global economic downturn, Andrew Bailey warns G20
The governor of the Bank of England has warned G20 finance ministers that artificial intelligence could cause a global economic downturn and pose a significant cyber security risk to financial systems.
Andrew Bailey said any collapse of growth in the AI sector could lead to a "future market correction" that spreads worldwide.
In an open letter to finance ministers in the US on Monday, he said companies around the world should prepare for security breaches "involving simultaneous disruption across multiple firms".
Read more from the BBC.
Aberdeen councillor says ‘seagulls are running our city’ in plea for action after M&S sandwich stolen
An Aberdeen councillor has called for tougher rules on menace seagulls after a “terrifying” incident where a bird snatched an M&S sandwich from her hands.
Councillor Jennifer Stewart reckons there should be a bylaw enforcing greater sanctions on anyone caught feeding gulls, saying the city’s notorious population is leaving some residents “unable to sleep or go in their garden” due to fears of a divebomb attack.
Seagulls are currently protected by national laws which prohibit anyone interfering with them without a licence, unless they want to face a hefty fine or even time in jail.
Get the full story in The Press and Journal.
Summer 2026 expected to be declared UK's hottest on record
The Met Office is expected to confirm that the UK has had its hottest summer since records began in 1884.
Provisional figures for the months of June, July and August are due to be released on Tuesday afternoon and are likely to reveal that mean temperatures - which include daytime and overnight values - have broken the previous record, set just last year.
It follows a spring and summer of persistent heat with five widespread heatwaves and 40 days of temperatures above 30C (86F), smashing the previous record of 34 days.
Read the BBC article here.
Aberdeen accountancy boss on what’s required for energy firms to invest in North Sea
With a client list made entirely of firms operating in the energy sector, the head of PwC’s Aberdeen office knows exactly where industry sentiment lies.
Martin Cowie has led the Aberdeen office of the Big Four accountancy firm for the last four years.
Around 100 staff work for PwC in the Granite City, advising many of the city’s biggest energy players.
Read more in The P&J.
Aberdeen’s Bon Accord Baths given new look by artist
The doors to the historic Bon Accord Baths will be open this weekend as an artist brings his craft to Aberdeen.
The Art Deco public swimming pool has been closed since 2008, but has recently been used as a backdrop for TV filming.
Bon Accord Heritage, who have campaigned to save the facilities and get people swimming there again, have now helped to arrange a new opportunity to experience the building’s heritage.
Read the full story in The Press and Journal.
Former Union Street travel agent used as cannabis farm could become new bar and restaurant
A former Union Street travel agent, which was recently used as a huge drugs factory, could be transformed into a new bar and restaurant.
Located between Soul and Ba Bai Cafe, the 335-337 Union Street address is part of a C-listed building on the Granite Mile.
The premises was previously home to travel agent Thomas Cook, which went bust in 2019, leaving the unit lying vacant since.
Read more in The P&J.