The UK is set to enter recession this year but it will be shorter and less severe than previously thought, according to the Bank of England.
Here are the business stories making the local and national headlines this morning
The railway line between Dundee and Aberdeen has reopened after a gas main was damaged near the tracks at Carnoustie station.
The boss of energy giant Shell has outlined the need for "balanced" investment in both fossil fuels and renewables - warning that cutting production of fossil fuels too quickly would trigger similar price swings in future to those seen in 2022.
Aberdeen councillors have been urged to reject plans to retain a popular marquee at city's Dutch Mill hotel.
The Bank of England has sounded the alarm over a worsening crisis in the rental market as high taxes and red tape forces landlords to sell up.
The FTSE 100 stock index has hit a record high, lifted by investors betting that a weak pound will help UK firms abroad and that the worst of the cost of living crisis has passed.