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Here are the stories making the business headlines this morning.
There is an ominous warning for the economy this morning after a Wall Street veteran warned this summer’s recovery in share markets is “eerily similar” to the ruinous sucker rally of 1929-30.
Allseas has won what it has described as the largest ever single decommissioning contract for the UK North Sea by weight with operator TAQA.
The economy will fall into recession before the end of the year with inflation rising to 14% according to a new survey of business leaders.
Aberdeen FC has warned it faces “significant” increases in costs as it grapples with soaring prices of fuel, food and staff wages.
Chancellor Nadhim Zahawi has drawn up plans for a multibillion-pound package of tax cuts to help businesses pushed to the brink by rising energy costs.
Israel – Premier Tech’s Corbin Strong claimed the biggest road victory of his career to date on Sunday as he claimed the opening stage of the AJ Bell Tour of Britain atop Glenshee Ski Centre in Aberdeenshire.