The Times
Loganair and Flybe contract grounded: Flybe is to end its franchise with Loganair for providing services across Scotland after failing to agree terms on a new contract.
Ofcom restricts BT in bids for spectrum: The telecoms regulator has been attacked for failing to do more to boost competition in the industry, despite partially barring BT from bidding in Britain’s first auction of mobile phone spectrum since 2013.
Bundesbank offers confidence boost: The Bundesbank has told the German Chancellor and business leaders that it expects a “strong” bounce back for the economy in the fourth quarter.
Iran fuels hopes of OPEC oil output cut: Oil prices jumped 3% to hit their highest level in nearly a month amid growing hopes that Iran may drop its objections to a supply cut deal at an OPEC meeting next week.
Tumbling pound is feeding through into rising exports: Exports of branded British food and non-alcoholic drinks shot up by nearly 14% in the third quarter after the steep plunge in the pound since the vote to quit the European Union.
Bonmarché feels the chill in a difficult fashion market: Poor weather and, on occasion, poor product selection have hit half-year profits at Bonmarché, the value clothing retailer aimed at older women.Debenhams
Chief must prove his worth in return for rewards: The new Boss of Debenhams must wait at least six months before he is granted any performance share plan awards.
Essentra Chief stubs out fear over bank payments: The outgoing Chief Executive of Essentra was forced to reassure investors that its banking covenants were not under threat after the maker of cigarette filters and other specialist components issued its third profit warning of the year.
Chairman to stay at Deutsche Bank: The chairman of Deutsche Bank plans to serve another five years at the troubled German financial services group, despite misgivings from leading shareholders.
The Independent
Brexit fears could mean biggest Black Friday discounts ever – with up to 60% off: Discount deals on Black Friday will be bigger than ever this year, with cuts of more than 60%, new analysis suggests. But shoppers will need to be shrewd to avoid fake “deals”.
Mitie shares plummet 20% as it is squeezed by Brexit and National Living Wage: Outsourcing company Mitie saw its shares slump more than 20% on Monday after it issued its second profit warning in two months in a further sign that Brexit is hurting the U.K.’s services industry.
Sterling slump means higher deposit protection guarantees for savers: The crash in the pound against the euro since the Brexit vote is likely to lead to an increase in the amount of savings ordinary depositors at U.K. banks will have guaranteed by the state.
What a 'transitional' Brexit deal for the U.K. would be: Theresa May has reportedly raised the prospect of the U.K. entering a transitional Brexit arrangement with the rest of the European Union in 2019 rather than going through a total rupture.
Facebook to open new headquarters in London next year: Facebook plans to create an extra 500 jobs in the U.K. when it opens a new headquarters in London next year, the U.S. social media giant has announced.
The Daily Telegraph
Aerospace industry pitches for chunk of Government's £2 billion research fund: Britain’s aerospace industry is pitching for a slice of the £2 billion pledged by Prime Minister Theresa May to boost science and technology research, saying the cash will help deliver high-skill, high-value jobs for the country.
Hema targets British bargain hunters as Dutch 'posh Poundland' branches out: Hema, the Dutch retail chain referred to as a "posh Poundland”, has said it will not raise prices and press ahead with its U.K. roll-out, despite concerns in certain quarters about the health of the British high street.
HSBC and Barclays deemed less risky by global financial regulator: HSBC and Barclays will be required to hold smaller capital buffers after the global financial regulator deemed the two British lenders to be less of a risk to the international banking system.
London Stock Exchange adds to data service with Mergent takeover: The London Stock Exchange has announced plans to buy the American data provider Mergent to bolster its index business FTSE Russell.
Abellio braces for Scotrail franchise battle as political pressure mounts: Transport operator Abellio is bracing for a battle with the Scottish Government to hold on to its Scotrail franchise as fresh data showed the number of delayed trains is increasing.
The Guardian
May hints at transition deal on Brexit to avoid 'cliff edge' for business: Theresa May has said that her government is working towards avoiding a “cliff edge” for business when Britain’s two-year Brexit negotiating period comes to an end.
FTSE falters but Antofagasta, Randgold and BP benefit from stronger oil: A rise in oil prices on hopes of an OPEC deal next month has lifted commodity stocks, but not enough to push leading shares into positive territory.
George the bear seeks new followers as Hofmeister lager returns: Hofmeister is back. But not in a form recognisable to anyone old enough to remember the lager brand’s laddish 1980s TV commercials, in which a pork pie hat-wearing mascot urged drinkers to “follow the bear”.
More than £1 billion for faster U.K. broadband in autumn statement: The Chancellor will deploy more than £1 billion to boost broadband speeds for up two million homes and businesses as part of an infrastructure plan to be outlined in the autumn statement.
Stocks close at record highs as traders keep betting on Trump business boom: Stock markets hit record highs on Monday as traders continued to bet on a Trump-backed boom for business. Rising oil prices drove gains in the energy sector, where the President-elect has promised to roll back regulations, and the S&P energy index gained 2.2% and closed at its highest levels in 16 months.
Daily Mail
Hammond's £1.6 trillion debt problem as PM pledges that Britain must 'live within our means once again': Theresa May insisted last night that Britain must 'live within our means once again' as she dampened hopes of any major budget giveaways. Speaking ahead of 's Autumn Statement, the Prime Minister declared: 'We will continue to cut the deficit, reduce our debt, and return to a fiscal surplus in the years ahead.'
Jail for City 'Wolf of Wall Street' crooks who conned £7.5 million from the elderly then blew it all at Harrods: Con artists enjoyed lavish lifestyles after duping pensioners out of more than £7.5million. A total of 193 pensioners were fleeced as they were led to believe they would make huge returns from investments that never came to pass.
Goldman Boss who advised Sir Shifty on selling BHS to former bankrupt Dominic Chappell quits after 30 years: One of the City's most powerful bankers last night bemoaned his friendship with Sir Philip Green as he announced his departure from Goldman Sachs. Michael Sherwood, often tipped as a successor to Goldman Chief Executive Lloyd Blankfein, is quitting the investment banking giant after a three-decade career.
Daily Express
Meddling German minister says Britain can't slash business tax until it leaves EU: Germany's Finance Minister Wolfgang Schaeuble has warned Britain against slicing corporation tax and said the U.K. must stick to Brussels' rules while it remains a member of the European Union (EU).
Royal Mail shareholders unhappy as shares fall 7% in first-half results: Royal Mail shareholders did not react well to the group’s first-half results. Shares fell 7% after it revealed a 6% fall in underlying operating profits.
Fears Philip Hammond will launch workers tax raid in Autumn Statement: British workers could be hit by a stinging tax raid when the Chancellor reveals his plans for Britain's economy in the Autumn Statement on Wednesday.
Europe is screwed: Shock warning from trader who predicted 2008 financial crisis: Europe could be blown apart by a toxic cocktail of risks brewing within the bloc's financial system, according to the Wall Street trader who correctly predicted the 2008 financial crisis. Steve Eisman, who inspired Hollywood film The Big Short, has warned Italy's crippled lenders and large amounts of sovereign debt held by European banks are among the reasons the continent is facing total meltdown.
The Scottish Herald
Brexit leaves us all out of pocket: In the aftermath of the vote the value of the pound tumbled against both the euro and the dollar and, aside from a small bump in the wake of the U.S. Presidential election, has failed to recover since.
Omega ponders allergen division disposal: Omega Diagnostics is mulling the sale of its allergens business following an approach by one of its commercial partners.
Regus takes 10-year lease at city centre’s Tay House: Tay House, the office block overlooking the M8 motorway in Glasgow city centre, has been leased by Regus, the international workspace specialist, writes Scott Wright.
Care home firm in funding bid: A care home company has launched a £3 million crowdfunding drive to pay for day to day operational costs at its Manor Grange site in Corstorphine, Edinburgh.
Demands made for more female execs: Business groups have hit out at the lack of women on the boards of Scotland’s listed trading companies, urging them to take responsibility to support change, and for women to push harder for recognition.
Change at top of Science Centre: Entrepreneur David Sibbald, who heads healthcare sector-focused technology company Aridhia, has been appointed as the new chairman of Glasgow Science Centre.
EnQuest hails early start of production from field off Aberdeen: North Sea-focused EnQuest has brought an oil field onstream east of Aberdeen ahead of schedule and under budget but cut its production forecast for this year after running into complications with a shared pipeline system.
The Scotsman
Nova Innovation secures EC funding for tidal generator: A Scottish specialist in tidal energy generation has secured key European funding for technology that could revolutionise the future of the sector.
Chancellor urged to scrap aviation tax in Autumn Statement: A leading aviation lobby group has urged the scrappiing of Air Passenger Duty (APD) ahead of the Chancellor’s Autumn Statement this week.
Green distillery toasts high demand for spirit: A distillery that claims to be the greenest in Scotland said pre-orders for its first release have come in at three times the amount produced despite the spirit being too young to be called whisky.
Advances in key kit from medical tests firm Omega: Life sciences firm Omega Diagnostics has revealed that its kit to check the immune system of HIV patients will launch in the second half of 2017.
Aberdeen agency wired for expansion after key deal wins: Wired Studio, the data-driven marketing and graphic design firm, said turnover jumped 40% to £501,000 in its latest financial year after winning contracts with the likes of TUI Group, Aberdein Considine, Aberdeen Exhibition and Conference Centre and John Clark Motor Group.
City A.M.
IBM announces major U.K. expansion, following Facebook and Google commitments: IBM has joined fellow U.S. tech giants Facebook and Google in announcing a major multi-million-dollar investment into the U.K.
Theresa May takes aim at the wrong energy targets: Prime Minister Theresa May appears to be limbering up for a three-pronged attack on “rip-off” energy firms, failing broadband providers and any housebuilders that stockpile land.
Legal & General in advanced talks to sell Dutch operations to Chesnara: Legal & General (L&G) is in advanced talks to sell its Dutch arm to Chesnara, with an announcement of the sale expected later this week.
Strikes over pension cuts are set to hit the drinks giant leading up to Christmas: Strikes are set to hit Diageo in the weeks up to Christmas. Workers at the global drinks giant voted for industrial action over cuts to their pensions, the GMB union said.
Babcock International finalises partnership with Omani port group that is set to generate £200 million in new business for U.K.: Defence engineering group Babcock International has finalised a multi-million-pound joint venture with Oman Drydock Company that is expected to generate £200 million in new business for the U.K.