Here are the stories which are making the business headlines in Scotland and across the UK today.
Labour appoints former Siemens boss to steer rail projects review
One of Britain’s leading captains of industry over the past decade and a sometime adviser to Conservative prime ministers has been appointed by the Labour Party to lead a rethink of railinfrastructure before the next general election.
Jurgen Maier is a former UK head of Siemens, the German multinational, which employs thousands of people in Britain and is a leading player in the railway supply chain as a signalling and communications expert.
Maier, 59, a blunt and outspoken Yorkshireman with strong views on the UK’s inability to live up to its industrial capabilities, stood down from Siemens four years ago.
He has been appointed by Labour to lead a review into how the delivery of large rail projects can be improved.
TrustFord reveals opening date of new £2 million Aberdeen car dealership
TrustFord will open the doors to its new £2 million Aberdeen dealership in March next year.
The facility will create 51 jobs and stock around 300 new and used cars as well as commercial Ford vehicles.
Construction work has been underway for some time on the 5.2 acre site at West Tullos Industrial Estate.
The company is also currently hiring key members of staff as it gears up to open.
Read more in today's Press & Journal.
Ditching gas under net zero will push up household bills, Ofgem admits
The phaseout of gas boilers will push up household energy bills from as early as 2026 under plans to reach net zero, Ofgem has warned.
The energy watchdog on Wednesday said consumers face paying at least £43 extra per year through network charges on their gas bill from 2026, under proposals to manage the shift away from gas heating.
This would continue until about 2050, by which point only a small number of households are still expected to be using the gas network.
The money would compensate gas distribution network owners for their past investments, based on an assumption that their assets will essentially be worthless when Britain reaches net zero.
Ofgem said the costs needed to be spread fairly over the coming decades to prevent “intergenerational unfairness”.
Etsy: Online marketplace lays off 11% of staff to cut costs
Etsy is cutting about 225 jobs, or 11% of its workforce, as part of a plan to bring down its costs.
As part of the move several executives will leave the online marketplace, including its chief marketing officer.
Chief executive Josh Silverman told staff the cuts were needed as sales had been "essentially flat" for two years.
He acknowledged the "unfortunate" timing of the cuts, during the holiday season, adding that laid-off staff would be paid until at least 2 January.