Here are the business stories making the headlines across Scotland and the wider UK this morning.
The Bank of England could raise rates by as much as 0.5% at its next rates meeting - the biggest single jump in 27 years.
Prices are continuing to rise at their fastest rate for more than 40 years, driven by higher petrol and food costs.
Here are the stories making the business headlines across Scotland and the UK this morning.
Cabinet ministers Kwasi Kwarteng and Greif Hands met with industry yesterday to accelerate private investment in hydrogen as a clean energy source and a super-fuel of the future.
Former Secretary of State for Business Andrea Leadsom has offered support to the North East Scotland Green Freeport bid.
Face masks must remain an option when dealing with a high rise in Covid cases across Scotland, a leading health expert has said.
All workers in the UK will now receive the same minimum level of paid annual holiday leave, regardless of how many hours they work, following a landmark legal judgment by the Supreme Court last night.
Centrica has been approved by the North Sea Transition Authority to store gas at the Rough storage site off the coast of Yorkshire, five years after closing it down because it was uneconomic.
Here are the business stories making the headlines across Scotland and the UK today.
The Queen has travelled to her private Scottish home of Balmoral for the start of her traditional summer break.
BP has said that the windfall tax on oil and gas operators will not affect its investments in the North Sea.