SCOTLAND'S oldest university has issued a fresh attack on proposed changes to tax relief on large donations from philanthropists.
The warning from St Andrews University came as it announced two new research postgraduate scholarships in the arts, paid for by a £1 million donation from a former student.
The scholarships are the gift of Gordon Bonnyman, who graduated with an MA in modern history and political economy from St Andrews in 1966 and is now chairman of Charterhouse Capital Partners, one of the most successful private equity firms in Europe.
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