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Salmond to set up oil fund study

The First Minister announced yesterday that the Scottish Government is to commission a study of the benefits of an oil fund for Scotland, after the revelation that a fund for the UK was considered by the Treasury in the 1970s.

The First Minister announced yesterday that the Scottish Government is to commission a study of the benefits of an oil fund for Scotland, after the revelation that a fund for the UK was considered by the Treasury in the 1970s.