Here are the business stories making the headlines across Scotland and the UK this morning.

Airport security staff vote to accept new pay offer

About 300 security staff at Glasgow and Aberdeen airports have voted to accept a pay offer of up to 12.8%, the BBC reports.

The pay deal delivers a basic pay rise of 5%. A one-off payment of £500 and an enhancement to the shift allowance of 75p per hour, which is an uplift worth around 5.9%, is also included in the deal.

There will be access to double time shift rates for Christmas and New Year’s Day. The overall pay package boost is estimated to be worth up to 12.8% for some workers.

MacIntyre seals dramatic Scottish Open win

Emotional Robert MacIntyre vowed to "celebrate hard" after winning the "one I wanted" with a stunning Scottish Open triumph on home soil amid rapturous scenes.

The Scot, pipped to the title by Rory McIlroy’s brilliant birdie-birdie finish a year ago, was not to be denied this time as he staged a late surge to glory at the Renaissance Club.

MacIntyre – helped by a huge slice of luck on the 16th – gained four strokes in his closing five holes to post a three-under 67 that was capped by a title-winning birdie putt from 22 feet on the last.

That lifted the left-hander to 18 under, edging out Adam Scott by a shot after the Australian had set the target with a 67.

Click here to read more.

Appeal court to live stream high-profile criminal cases

Appeal hearings in high-profile criminal cases are to be broadcast to the public in Scotland for the first time.

The criminal appeal court in Edinburgh is to launch a live-streaming service to increase public access to the justice system.

It means that viewers will be able to follow cases involving criminals, including murderers, as they attempt to have their convictions overturned.

The move comes after the success of a similar service for civil appeal cases at the Inner House of the Court of Session in Edinburgh.

Click here to read more in The Times.

Burberry ousts chief executive and warns on profits

Jonathan Akeroyd, the chief executive of troubled fashion retailer Burberry, has been ousted as the company warns that full-year profits would be lower than expected and suspended dividend payments.

Akeroyd is to leave the company with immediate effect, according to the Times.

Joshua Schulman has been appointed chief executive and executive director. Schulman was previously chief executive of US fashion brands Michael Kors and Coach.

Shares in Burberry have almost halved in value since the appointment of Akeroyd in March 2022, falling 44%. They are down 61% over the last five years.

UK housing market set for buoyant autumn

The UK housing market is set for a buoyant autumn driven by a potential cut to interest rates and greater political stability, experts believe.

Lower mortgage rates in response to a loosening of monetary policy by the Bank of England could act as a catalyst for buyers to flood back to the property market, according to Rightmove, the property search website.

Rightmove said that activity in the property market had remained strong over the last month despite the distraction of the general election. The number of sales agreed was 15% higher compared with the same period last year. There was an additional 3% of new sellers in the market compared with last year.

“This positive sales figure emphasises that serious home-hunters have been largely undeterred by the general election and have been getting on with their moves,” Rightmove said.

More like this…

View all