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

Energy bills to fall by £117 from April

Energy prices for most households in Britain will fall by 7% from April, cutting £117 from a typical annual bill, after Ofgem updated the price cap.

The reduction will leave a household with average consumption paying £1,641 a year for their energy, the regulator said.

The fall is primarily the result of the government’s cuts to green levies on bills, announced in the Budget.

Family behind McNasty’s opens £1.3m boutique hotel in Aberdeen

Aberdeen publican Stephen Taylor has completed a £1.3million project transforming the property above his city-centre bar McNasty’s into a boutique hotel, now open as 30 Five.

The Summer Street hotel offers 12 stylish ensuite bedrooms and a fully serviced two-bedroom apartment, just a few steps from Union Street.

The project started with a challenge: McNasty’s popular karaoke nights raise the roof most weekends, and Stephen wanted to avoid potential noise complaints.

New Aberdeen market could be the ‘linchpin’ for city centre success

The new Aberdeen market could help draw people out of Union Square to spend their cash across the Granite City, says a leading retail expert.

Consultant Jonathan De Mello was hired by Aberdeen Inspired to identify what is missing from the city’s shopping and leisure offer — and how to turn things around.

Mr De Mello, who has worked with councils and major brands across the UK to revive struggling high streets, told decision-makers that Aberdeen is lacking a modern market-style food destination.

Plans for Flamingo Land resort at Loch Lomond rejected

Controversial plans to build a £40m holiday park on the banks of Loch Lomond have been rejected by the Scottish government.

The decision comes after years of often bitter debate between theme park operator Flamingo Land and people living in the area who campaigned against the plan to build a waterpark, monorail, hotel and restaurants.

The Scottish government said its decision was due to "flood risk, woodland loss and wider policy conflicts".

MSPs reject plan to allow voters to remove them

MSPs have rejected legislation that would have given voters the power to effectively sack them.

The Scottish Parliament (Recall and Removal of Members) Bill would have allowed parliamentarians to be thrown out by local voters if they were suspended from Holyrood for a minimum of 10 days or sentenced to less than a year in jail.

But the legislation, brought forward by Reform's Graham Simpson, was voted down by the SNP and the Greens, while the Scottish Conservatives abstained.

Warner Bros says Paramount bid may top Netflix deal

Warner Bros has signalled it could back Paramount’s revised takeover offer before a deal already agreed with Netflix.

The Hollywood studio said on Tuesday a revamped $31-a-share offer from Paramount could “reasonably be expected” to lead to a superior proposal to a deal agreed with Netflix late last year.

Paramount’s new offer values Warner Bros at around $112bn (£83bn) and includes a promise to pay a $2.8bn termination fee that the Hollywood studio would be required to pay to Netflix for ending the current agreement.

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