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

Tartan Army Euros fun boosts tourism in Scotland

Months have passed since the kilts were packed away and the hangovers cured, yet the echoes of Scotland's summer of fun in Germany continue to resonate.

Tourism experts report a surge in German visitors to Scotland, with some attributing this trend to the friendships forged by the Tartan Army during their time overseas.

An estimated 200,000 Scotland fans travelled to Germany to support Steve Clarke’s team in their first major overseas tournament since the 1998 World Cup.

Airbus cuts nearly 500 UK jobs to reduce costs

Airbus will axe 477 jobs in the UK as the plane maker scales back its space business and tries to trim costs.

More than 2,000 jobs - 5% of its workforce - will be lost globally by mid 2026.

Compulsory job cuts are not planned, the firm said, adding "almost all of the positions affected" do not relate to specific projects or programmes.

Pubs face Guinness rationing over festive period

Guinness supplies are being rationed over Christmas and New Year as huge demand for the Irish stout threatens to outstrip supply.

Pub bosses are understood to have been told they face limits on how many kegs of Guinness they will receive in the run-up to Christmas.

The rationing comes as Diageo, the company that makes the stout, seeks to ensure there is enough Guinness to supply pubs across the festive season.

Moray firm scraps plans for £17m spaceport which was to create 250 jobs

Moray firm Orbex has scrapped the construction of a £17 million spaceport in Sutherland which was expected to create 250 jobs.

The company said it will switch its launch operations to SaxaVord Spaceport in Shetland.

Once fully operational, the spaceport was expected to create around 250 jobs, including 40 in Sutherland and Caithness.

Read the full story in the P&J.

Starmer could water down ban on UAE ownership of Telegraph

Sir Keir Starmer has refused to rule out watering down a ban on foreign state ownership of newspapers ahead of his trip to the United Arab Emirates.

The wealthy petrostate was angered this year when Rishi Sunak’s government passed a law blocking its attempted takeover of The Telegraph via RedBird IMI, a private equity firm bankrolled by Abu Dhabi royalty.

Sir Keir has stood by the ban but secondary legislation to set out limited exceptions has been heavily delayed since a consultation ended just after the general election.

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