Scottish first minister under fire over visit to seek Middle East loans
Posted by Editor on September 29, 2008 at 04:42 AM
The Scotsman writes that, “Alex Salmond, the [Scottish] First Minister, has been accused of going cap in hand to the Middle East for money because his schemes to pay for Scotland’s infrastructure have failed. It has been revealed that Mr Salmond will visit Qatar to ask for loans for projects such as the new Forth Road Bridge.”
UK civil servant wrote oil fund plan in 1970s
Posted by Editor on June 08, 2008 at 07:08 AM
BBC News writes that, “A former [UK] senior civil servant said he wrote a report in the 1970s about the pros and cons of setting up an oil fund for the UK. The undisclosed paper by Professor Gavin McCrone was produced for a Westminster committee. The revelation comes in light of First Minister Alex Salmond reiterating calls for Scotland to have its own long term oil fund. ”