University principal resigns after criticism in report into financial crisis

The findings of the independent investigation have been published (Jason Baxter/Alamy/PA) -

The interim principal of the University of Dundee has resigned after the publication of a report on the financial crisis which has engulfed the institution.

Professor Shane O’Neill apologised to those impacted by the issues facing the university – which last year announced it was wrestling with a £35 million black hole.