Here are the business stories making the headlines across Scotland and the UK this morning.
Human remains in aircraft found off Shetland by Peterhead crew
Human remains have been found in a small aircraft a Peterhead trawler crew recovered from the North Sea.
The Barnakle II PD400 crew made the discovery on Friday around 2.20pm while out at sea to the north-east of Shetland.
They returned to Gremista, near Lerwick, around 7.20am yesterday.
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Aberdeenshire haulage firm Caledonian Logistics goes into administration
Kintore-based Caledonian Logistics has gone into administration, just two years after being acquired by English company Drac Logistics.
The haulage firm employs around 130 staff and has depots in Inverness, Oldmeldrum Kintore and Cumbernauld. It also owns a parking yard in Lockerbie.
The company has blamed “challenging trading” conditions and a lack of funding support from its parent company for the collapse.
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All-electric Jaguars to cost £150,000, suggests boss
Jaguar plans to spend £1.5billion on developing its controversial new all-electric vehicles, which have drawn comparisons to Barbie’s car and the FAB 1 from Thunderbirds.
Adrian Mardell, the boss of parent company Jaguar Land Rover, said the investment will be spread over the next five years as the company develops three new models, the first of which is scheduled to go on sale in 2026.
While JLR has previously said the cars would sell for more than £100,000, Mr Mardell suggested the figure may be closer to £150,000, or three times the price of the current F-Pace SUV.
Average house price hits record high of £298,083
UK house prices rose at their fastest monthly rate of the year in November with further increases expected next year, Halifax has said.
The UK's largest mortgage lender, part of Lloyds Banking Group, said property values were up 1.3% compared with October - the fifth consecutive monthly rise.
The average house price hit the latest record high of £298,083 last month, surpassing a peak of £293,999 in October.
Mike Ashley warns Boohoo board against ‘fire sale’ of assets
Mike Ashley has called the co-founder of Boohoo “egotistical” and accused the struggling fast-fashion group’s board of creating a “catastrophic mess” through “gross mismanagement”, as he intensifies his campaign to force his way on to it.
In a letter to “long-suffering” Boohoo shareholders before a vote on December 20 on whether to appoint Ashley, the founder of Frasers Group, and the restructuring expert Mike Lennon as directors, he said Debenhams should remain part of the Boohoo group and that “critical to that turnaround will be avoiding a fire sale of assets at knockdown prices”.
There is a growing dispute between Manchester-based Boohoo and Frasers, which owns 28% of the London-listed fashion retailer.
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