SCOTTISH Futures Trust (SFT) chiefs have defended the record of the body as it reported cumulative savings to the public sector of £370 million in its four-year life.

Veteran banker Sir Angus Grossart, who chairs the trust, and its £175,000-a-year chief executive Barry White also hit back at criticisms that the SFT has taken too long to deliver, and has excluded Scottish contractors from major contract awards.

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