Here are the top business stories making the headlines in the morning newspapers

Traffic delays after A92 accident

The A92 Aberdeen to Stonehaven road will not reopen fully until tomorrow following a crash at Bridge of Muchalls involving a bus and lorry.

The busy road was first shut shortly before 1pm on Monday.

Road-management firm Amey says the collision resulted in a “significant” fuel spill.

The affected section of the road has to be completely resurfaced before it is safe to reopen again.

The Press & Journal says repair works involve resurfacing one lane on both the northbound and southbound carriageways.

It will allow these lanes to open in each direction this morning.

Further works will then take place tonight to resurface the second lanes, which will allow the road to be fully reopened tomorrow morning.

Trump at Turnberry

Donald Trump has been greeted by staff at his Turnberry golf resort on the second day of his whistle-stop tour of Scotland.

The former US president arrived at the resort in South Ayrshire yesterday after flying into Prestwick Airport.

The BBC says Trump Turnberry staff waved hats which said "we make Turnberry great again" as they greeted him.

Mr Trump had visited his Menie Estate golf course near Aberdeen on Monday in his first visit to the UK since 2019.

The ex-president, who is running for the White House again in 2024, is visiting as a private individual.

Following his time in Scotland, he will head to his golf course at Doonbeg on Ireland's west coast.

Nisbets to close Aberdeen store

Professional catering equipment supplier Nisbets is to close its Aberdeen store next week.

A closing-down sale is now underway at the shop based in Shiprow.

Nisbets first opened in the Granite City in August 2016.

The Press & Journal says it’s not known how many jobs have been lost or the reason for closure.

House prices finally on the rise

UK house prices rose by 0.5% in April after seven consecutive months of falls, according to the Nationwide building society.

The BBC says economists had been expecting average prices to decrease during the month.

Prices had been falling since August last year, after Liz Truss's mini-Budget sparked turmoil on financial markets and drove up borrowing costs.

Nationwide is predicting a "modest recovery" in the housing market as mortgage rates start to come down.

But it said any improvement would be "fairly pedestrian", as household finances remain under pressure and average earnings have been failing to keep pace with inflation.

Fighters from Lossiemouth scrambled

RAF Lossiemouth fighters were scrambled to intercept a Russian military aircraft near UK airspace.

Typhoon fighters and a Norwegian F-35A fighter aircraft were launched as part of Nato's response on Sunday.

The RAF said at no point did the Russian aircraft enter UK airspace.

Incidents like this - known as quick reaction alerts - are not uncommon and involve RAF crews shadowing Russian military aircraft near UK airspace.

They have occurred since the Cold War era.

The RAF said the Russian aircraft - a Tu-142 Maritime Patrol aircraft - approached from the north-east and flew in international airspace over the Norwegian Sea and North Atlantic Ocean.

The BBC says Tu-142 aircraft are used for reconnaissance and anti-submarine warfare.

Tipped vessel now afloat

A US Navy vessel which tipped over in a dry dock in Edinburgh has been righted and is now afloat.

The BBC says two tugs manoeuvred the Petrel around Imperial Dock in Leith on Tuesday afternoon.

The 3,371-tonne ship tipped over on March 22, sparking a huge emergency operation and leaving dozens injured.

Call for more shared-banking hubs

Shared-banking hubs should be opened more quickly to help those who feel uncomfortable managing their finances online, a charity has said.

Age UK said many people who were older or on lower incomes wanted to interact in person when dealing with money.

Its survey suggested that 27% of over-65s and 58% of over-85s relied on face-to-face banking.

The BBC says hundreds of bank branches have closed in recent years, but only four premises shared by different banks have opened.

More like this…

View all