Overview

• The Scottish Government has approved a £40 million grant to help the University of Dundee plug its £35 million shortfall.
• The funding comes as the university plans to cut hundreds of academic and support roles under a wider restructuring programme.
• Former principal Iain Gillespie apologized for governance failings but told MSPs he will not hand back the £150,000 payment he received on resignation.
• First Minister John Swinney said it would be reasonable for Gillespie to repay the money given the scale of the financial crisis.
• A critical review by Professor Pamela Gillies accused Gillespie of dangerous overconfidence and an overbearing leadership style.