Initial plans have been submitted for an "Aviator Hotel" at Ingliston next to Edinburgh Airport.

The application for planning permission in principle includes construction of a hotel, restaurant and bar, conference facilities, parking, landscape works and associated development.

A statement has been prepared on behalf of Flowpearl in the application for a 200-bed hotel.

The statement said the £16 million construction of the hotel would have "a positive impact on the construction sector economy".

It stated: "The hotel will generate 104 full time jobs onsite ... and contribute £2m in GVA terms to the city economy on an annual basis.

"As a result of the development there will be offsite impacts associated with the expenditure of visitors, which will help support a further 75 net jobs at the local level with a resultant additional GVA impact of £1.9m per annum."

Flowpearl has held initial consultations with the surrounding community.

The application is "awaiting assessment".

Stride Gaming has confirmed that it is considering a potential sale as part of a strategic review aimed at maximising value for shareholders.

The online firm, which runs Kitty Bingo and Bingo Extra, said that it was reviewing expanding the group's operations through acquisitions and also whether Stride should seek to participate in "potential industry consolidation through a sale of the company".

Stride is working with bankers at Investec on the process.

The firm's board is not currently considering an offer proposal for the company and Stride will report back to the market ahead of announcing its interim results.

The AIM listed firm, which is valued at £78.5 million, was fined by the Gambling Commission last year for compliance failings.

The firm added: "The group has a clear focus on winning and retaining mass market recreational customers on to its bingo and casino sites.

"Stride continues to leverage its infrastructure and proprietary technology to migrate more customers on to the Group's higher margin proprietary platform and drive cost synergies across the business.

"The board believes the group will continue to be highly cash generative and the board remains committed to its revised dividend policy to distribute at least 50% of adjusted net earnings in dividends."

UK economic growth is expected to have slowed in the final quarter of last year but economists warned against viewing the data as a sign the UK is headed for recession.

Economists believe that gross domestic product (GDP) growth slowed to 0.3% in the three months to December.

It comes after growth cooled off in the three months to November, rising 0.3% compared to the previous quarter. Growth of 0.4% was recorded in the three months to October.

The third quarter of 2018 saw GDP rise by 0.6%, reflecting strong retail sales during the World Cup and a recovery in construction activity.

Month-on-month growth for December is forecast to be flat.