Scottish news bulletin: 10th February 2009

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All newspaper references refer to Scottish editions. Where there is a link to a newspaper’s website, the relevant page reference is blue and underlined.

Economy

Banking Sector: Four of the former bank heads of Royal Bank of Scotland and HBOS will be asked today before the Treasury Select Committee to explain what went wrong to cause the demise of the two banks (Scotsman page 1, Herald page 6, Times page 1, FT page 3).

Financial regulation: The chairman of the Financial Services Authority warned that the UK will have to make a choice between strengthening British financial regulation or supporting EU-wide regulatory arrangements (Scotsman page 31, Telegraph page B1).

Scale of recession: One of the Prime Minister’s closest Cabinet allies, the Schools Secretary Ed Balls, has said that the recession is likely to be the worst for 100 years (Telegraph page 1, Times page 4).

Barclays: Barclays Bank has cancelled its executive bonuses after profits fell by 14% last year (Scotsman
page 30 Telegraph page B1).

Health

Cancer drugs: The Scottish Medicines Consortium announced that the cancer drugs Lapatinib and Pemetrexed would not be available from the Scottish NHS because they do not provide value for money (Herald
page 7).

NHS funding: The Health Secretary announced record levels of funding for Scottish health boards yesterday. However, the Labour Party said that the overall increase was the lowest in a decade (Herald page 12, P&J page 8, Record page 10).

Education

University hardship funds: The number of students receiving hardship grants from their universities has increased, according to a survey carried out by the Scottish Labour Party (Herald page 10).

Politics

Reshuffle: The Scottish Government is due to announce a reshuffle today; sources in Holyrood have confirmed ( BBC).

Nuclear power: UK Energy Minister Mike O’Brien is due to make a speech today in which he will criticise the Scottish Government for refusing to consider building any new nuclear power stations (Scotsman page 17).

Green energy: Homeowners will no longer need planning permission to install domestic solar panels, the Scottish Government announced yesterday (Herald page 2, P&J page 8).

Scots: The Scottish Government will put £200,000 towards funding a Scottish dictionary charity and a centre for the study of the Scots language (Herald page 3, Times page 4).

Reform Scotland is an independent, non-party think tank that aims to set out a better way to deliver increased economic prosperity and more effective public services based on the traditional Scottish principles of limited government, diversity and personal responsibility.

www.reformscotland.com

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