Ministers prepare bailout for struggling Scottish universities

First Minister Nicola Sturgeon has said a bailout package is being prepared for Scotland’s universities amid fears over the disastrous fallout of the coronavirus pandemic, writes Alistair Grant for The Herald.

Sturgeon insisted the scale of the financial challenge facing higher education is “well understood by ministers” and talks are ongoing.

It came as the principal of the University of St Andrews said it is grappling with a “hole in our financial position” of at least £25 million (US$31 million). In a letter to staff, Professor Sally Mapstone said it is “as serious a financial crisis as our university has faced in modern times”.
Full report on The Herald Scotland site