Here are the top business stories making the headlines in the morning newspapers.
Test for hydrogen-powered jet engine
Airbus plans to use an A380 superjumbo to test hydrogen-powered jet engines in a push to cut the amount of greenhouse gases produced by passenger planes.
The European aircraft maker will work with CFM International, a joint venture between General Electric and French engine-maker Safran, to develop an engine that can run on the gas. It can be made from renewable energy sources, significantly cutting carbon emissions.
The Telegraph says Airbus aims to have the modified A380 in the air by 2026. The plane will keep its four conventional engines while a fifth jet that has been adapted for hydrogen use will be mounted on the rear fuselage.
The move is part of an ambitious Airbus plan to introduce an A320-size plane powered solely by hydrogen by 2035.
Semco needs 200-plus workers after significant growth
Engineering contractor Semco Maritime is looking to fill more than 200 positions, following significant growth in offshore project work in the North Sea.
Energy Voice says the roles span a wide range of areas, including welder-fitters, electricians, technicians and foremen, some of which need to be filled before Q2 this year.
Headquartered in Denmark, Semco has several UK bases, including at Bridge of Don and a yard and workshops at Invergordon.
Alongside Ponticelli and Brand Energy, it also provides services to TotalEnergies' UK North Sea assets as part of the PBS consortium. The recruitment drive follows the company's securing of several North Sea contracts in both oil and gas and renewables, including the redevelopment of the Tyra gas field and to provide CO2 storage and transport solutions for the Greensand Consortium project.
Encouraging cafe culture in Aberdeen
Town House chiefs have marked out a way forward for plans to encourage cafe culture in Aberdeen - with a £1.5million overhaul of a prominent city centre street.
Roads access to Belmont Street, Little Belmont Street, Back Wynd and Gaelic Lane could be overhauled, along with a shake-up of planning and licensing rules, according to the Press and Journal.
It comes as the area remains in flux, as the council decides how best to move out of the pandemic.
Major city centre roads were closed or changed in the immediate response to Covid-19. And while short-term flexibility allowing food and drinks venues to take to the streets with tables and marquees has ended, the roads disruption remains.
If approved next week, council bosses say the refresh of the area - hoped to bring visitors back to the city centre - could be completed by the end of September.
Taxpayer left to pay billions due to Covid fraud
Mistakes, waste and fraud that led to billions of pounds of Covid loan support being lost were "unacceptable", the head of a group of MPs has said.
Meg Hillier, chair of the Public Accounts Committee (PAC), said taxpayers will be exposed to financial risks for decades.
Previous official figures estimated the government is unlikely to recoup up to £21bn of Covid loans to business.
The Treasury said it rejects the claims made in the PAC report, according to the BBC.