Royal Bank of Scotland chief Ross McEwan this week warned the UK faces a period of “pain and anguish” with Brexit, while declaring it is up to the Scottish people to “make the calls” on the independence issue.

Mr McEwan said of the impact of Brexit: “This economy, it will slow down. It will be all right in the long term. I think, in the medium term, we are in for a little bit of pain and anguish. How deep or painful that is, time will tell."

Seafood firm Loch Fyne Oysters has seen losses widen amid pressure on fresh salmon pricing and rising staff costs.

New accounts show losses at the Argyll-based seafood firm, which supplies smoked salmon and oysters to high-end hotels, restaurants and retailers, spiralled to £763,307 in the year ended October 31. The firm, originally formed by landowner Jonny Noble and marine biologist Andy Lane more than 40 years ago, had booked a loss of £528,457 the year before.

A group of investors who collectively ploughed millions of pounds into an unregulated airport car-parking scheme has launched a crowdfunding campaign in a bid to take legal action against the company behind it.

Legal Focus highlights that investors have not received any cash from the business for over a year.

The pound sank against the euro amid no-deal Brexit fears this week.

Sterling dropped to a 23-month low against the euro, with the single currency topping 92p. A Chartered Institute of Procurement and Supply survey showing an acceleration in services activity growth did little to dispel fears over UK economic weakness, with expansion of this key sector still very weak.

In the Monday Interview, a North Sea dealmaker is ready to raise acquisition stakes as the shake-up in the region goes on.

RockRose Energy chief Andrew Austin has said the firm is in the market for more bumper North Sea deals as it looks to play a prominent role in the continuing shake-up in the area.