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

STV staff could take strike action before Christmas, say union leaders

Staff at STV could take strike action before Christmas as part of a row over cuts to jobs and programming, union leaders said.

The National Union of Journalists is balloting members for industrial action, with the union insisting the move is about “defending the integrity of public service broadcasting and the journalists who make it possible”.

It comes after the broadcaster announced proposals to make 60 staff redundant and scrap its North of Scotland programme.

Building society pledges to keep branches open

The UK's biggest building society, the Nationwide, has pledged to keep all of its 696 branches open until at least 2030.

This is a two-year extension to the promise it had already made not to close branches, after it reported a rise in customers using them in the last year.

The UK bank and building society sector has seen widespread branch closures in recent years, as many customers have switched to online and mobile banking.

UK toy sales up as 'kidults' buy Lego and Pokémon

Toy sales have risen for the first time since the pandemic, analysts say, as brands aim to appeal to children and adults.

The value of sales rose by 6% in the year to September compared with the same period last year, according to research company Circana.

Film releases such as Stitch, sports like Formula 1 and the popularity of brands such as Lego have driven sales.

SoftBank sells entire stake in Nvidia for $5.8bn

SoftBank has offloaded its entire shareholding in Nvidia for $5.8billion and plans to use the funds for further investments in artificial intelligence.

As a result of the mega-sale of its stake in the world’s most valuable tech companies and its investment in OpenAI, the Japanese conglomerate reported its best quarter for three years in its second quarter results.

SoftBank revealed a net profit of $16billion, up 190 per cent on the same quarter last year, while its investment gain rose 48%. Group shares rose 2% to 22,695 yen, valuing the company at $209billion.

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