Here are the business stories making the headlines across Scotland and the UK this morning.
Contactless card payments could become unlimited and £100 cap scrapped
Contactless card payments are set to exceed £100 and potentially become unlimited under new proposals to allow banks and other providers to set limits.
The proposals from the Financial Conduct Authority (FCA) mean entering a four-digit PIN to make a card payment could become even more of a rarity for shoppers.
If approved, purchases which can cost more than £100 - such as a big supermarket shop, or large family meal in a restaurant - could be made with a tap of a card.
Read more on the BBC site.
Bowen: Diplomacy in ruins after Israel strikes Hamas leaders in Qatar
Almost exactly a year ago I interviewed the Hamas leader and chief negotiator Khalil al-Hayya in Doha. I met him in a house not far from the building that Israel attacked on Tuesday afternoon.
From the beginning of the war in Gaza, al-Hayya had been the chief Hamas negotiator, sending and receiving messages to the Israelis and Americans via Qatari and Egyptian intermediaries.
At moments where ceasefires were thought likely, al-Hayya, along with the men who were also targeted this afternoon, were only a short distance from the Israeli and American delegations. When they were attacked, al-Hayya and the other top Hamas leaders were discussing the latest American diplomatic proposals to end the war in Gaza and free the remaining Israeli hostages.
Read the full article on the BBC website.
Fears ‘police won’t care’ over Aberdeen 20mph speed zones as enforcement date pushed back to 2026
Council chiefs have pushed back the rollout of new 20mph zones across Abereen until next year – amid claims the number of people convicted of breaking the limit will be the same as those prosecuted for murder every year.
Former SNP council leader, and retired police boss, Alex Nicoll warned that already overstretched cops “aren’t giving any priority whatsoever” to those going over the limit in these zones.
Council bosses introduced the contentious traffic measures last week – but confirmed the rules can’t be enforced until signs are put in place.
Read more in the Press and Journal.
Rachel Reeves tells ministers they must live within their means
Rachel Reeves has told cabinet ministers that their departments must live within their means and said that rising borrowing costs are putting mounting pressure on the public finances.
The chancellor said the volatile global environment meant that keeping control of public spending was more important than ever before the autumn budget.
Reeves is expected to use the budget to raise taxes to fill a hole of up to £40 billion. The Treasury is particularly concerned that the Office for Budget Responsibility is poised to downgrade its forecasts for economic growth.
Read more on The Times website.