Here are the business stories making the headlines across Scotland and the UK this morning.
Interest rates will go down gradually, says Bank
The Bank of England has warned economic and global trade uncertainty has "intensified" as it held UK interest rates at 4.5%.
US trade tariffs and retaliation to the import taxes from the likes of the EU have created uncertainty for countries, the Bank said.
Its decision to hold rates was widely expected, but governor Andrew Bailey said the Bank still believed rates were "on a gradually declining path".
Click here to read more.
EU delays plans to retaliate against Trump tariffs
The European Union (EU) has delayed plans to hit back at US President Donald Trump's steel and aluminium tariffs until the middle of next month.
The trading bloc was set to impose duties on US products, including a 50% levy on whiskey, from 1 April to which Trump then responded with a 200% alcohol tariff threat.
In a move that could calm the dispute, the EU said on Thursday it would push back its tariffs, saying it wanted "additional time for discussions" with the US.
HMS Somerset is first ever Royal Navy vessel to dock at Aberdeen’s South Harbour
A Royal Navy vessel docked at South Harbour is the first to visit the Aberdeen sea port.
HMS Somerset, a Type 23 frigate operated by the Royal Navy, sailed into Port of Aberdeen on Thursday morning.
The 436ft warship arrived in the north-east after completing an operation shadowing a Russian task group in the North Sea.
Read more in the P&J.
Apple loses $1billion a year on television streaming service
The American technology behemoth Apple is said to be losing $1billion a year on its streaming service as competition with rivals such as Netflix intensifies.
The Cupertino-based group has spent more than $5billion a year on content since launching Apple TV+ in 2019 but cut it by around $500million last year, according to The Information.
Apple does not split out the performance of its streaming service, included within its higher-margin services business, which also includes cloud storage and Apple Pay, its payment service.
Expats to be cut off from BBC radio within weeks
Expats will be cut off from scores of BBC radio stations and podcasts in a shake-up of the public service broadcaster’s international output.
Starting in a matter of weeks, the BBC will no longer allow access to Sounds – its audio streaming service – from abroad.
Instead, international audiences will need to tune into radio and podcasts on a new advertising-funded service on BBC.com or the broadcaster’s app.
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