In Scotland, the last civilian shipyard on the Clyde, The Herald reports, is to be nationalised by the country's Government within a month after a search for a commercial saviour failed.

Workers at Ferguson Marine in Port Glasgow, which was driven into insolvency by a calamitous contract for two CalMac ferries, were told of the development this morning.

The government has already written off almost £50m in loans and interest to the business.

The Scottish Tories called if “potentially disastrous” for Scotland’s shipbuilding industry.

Clink link for more on this story.