Here are the business stories making the headlines across Scotland and the UK this morning.
Celtic report £4.8m loss as revenue drops by 22.7%
Celtic have announced a loss after tax of £4.8m for the year ending June 30, 12 months on from making a profit of £33.9m.
The club say the shift is largely due to the failure to secure Champions League participation last season.
The figures show revenue down by 22.7% to £111m (£143.6m in 2025), with the Scottish Premiership leaders reporting a cash in the bank total of £66.4m. That figure was £77.3m in 2025.
Read the BBC story here.
Brewery giant owners Greene King put Aberdeen’s historic Wild Boar up for lease
The long-running Wild Boar pub on Aberdeen’s Belmont Street could soon change hands — with an asking price of £46k a year.
Brewery giants Greene King have owned and run the historic bar in the city centre for years, but it has now been put up for rent.
This comes after the operator, which owns 2,500 venues across the UK, revealed that hundreds of its pubs and bars faced closure.
Read more in The Press and Journal.
‘Calling in’ sick with a text or email must end, says work tsar
Employees should be required to speak to their managers to tell them they are going off sick to end the “insidious” culture that means hundreds of thousands of people fall out of work every year, a government adviser has said.
Sir Charlie Mayfield, the former boss of John Lewis, said he wanted to end the “culture of fear” that prevented managers from talking to staff if they were off sick amid concerns that they would face a formal complaint or could even be taken to an employment tribunal.
In an interview with The Times he said that he wanted to “change the norms” so that employers and employees felt able to talk about sickness and develop “return to work plans” together. Staff could be referred to workplace health schemes such as physiotherapy or mental health support or given alternative roles.
Find out more on The Times' website.
Reform MSPs walk out of parliament in protest against independence debate
Reform MSPs have walked out of the Holyrood chamber in protest against a debate about Scottish independence.
The party's Scottish leader Malcolm Offord, who had tried to have the debate cancelled because it related to non-devolved matters, described it as an insult and a waste of time.
He then led his MSPs out of the chamber, to jeers from the rest of the parliament.
Read more on the BBC website.
Only tenth of UK’s highest earners pay top tax rate, say experts
Just one in 10 of the highest earners pay the top headline rate of tax, experts have claimed. They called on John Healey to increase capital gains taxes in next month’s budget to raise an extra £20billion.
Researchers at the Centre for Analysis of Taxation, or CenTax, said on Wednesday that only 10% of the richest 0.01% of the population paid close to the top 47% rate on earnings. A quarter of the richest cohort paid an effective average tax rate of 20% or less, the report claimed.
The lower effective tax rate is likely to be due to the rich generating a bigger proportion of their income from capital gains, which is taxed at a lower rate. Earnings are subject to income tax and national insurance contributions, with the top rate reaching 47%.
Read more in The Times.
Aberdeen jeweller opens new city centre shop after decades in the trade
A goldsmith with experience working in London’s famous Hatton Garden has opened his own independent jewellery shop in Aberdeen city centre.
Serif Kapcak has invested £108,000 in the new George Street premises.
The move marks a new chapter for the goldsmith, who specialises in jewellery repairs, bespoke commissions and creating new designs.
Get the full P&J story here.
Rich nations must cut debt as global shocks push up borrowing costs, IMF chief tells BBC
The world's advanced economies including the UK and US need to cut borrowing and reduce debt levels following weeks of spiralling government interest costs, the head of the International Monetary Fund (IMF) has warned.
In an exclusive BBC interview, Kristalina Georgieva said global economic shocks had been "pushing debt levels up like a staircase not to heaven" but that governments had taken "no action to contain that service cost".
"[It's] time to take that action," she said, adding that "courage" was needed by politicians to take the necessary steps.
Bon Accord Centre garden shop taking over empty unit in ‘daunting’ expansion bid
Business is blooming for Aberdeen city’s urban garden centre, The Greenhouse, as its owner reveals plans to open a second unit in the Bon Accord Centre.
It’s almost five years since owner Dave Schiach launched his inner-city garden emporium in what was once Laura Ashley.
And now he wants to double his footprint, creating jobs in the process, by expanding across the mall and into the former Superdrug unit directly opposite.
Read more in The Press and Journal.