Changes to devolution in the Scotland Bill risk damaging the country's finances and will be opposed unless significant new powers are added, a Scottish Parliament committee has concluded.

MSPs made 45 recommendations to the legislation, presently at Westminster, including greater control of taxes and borrowing powers.

Linda Fabiani, convener of the Holyrood committee that scrutinised the proposals, said: "There are elements of the Bill which the whole committee can welcome.

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