Breaking news, Thursday 28 February

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12.05pm: Oldco Rangers have been fined £250,000 but will not be stripped of any titles.

12.00pm: Canadian astronaut Commander Chris Hadfield took to Twitter last night to post photos of Scotland from the International Space Station some 220 miles above us.

10:00am: An independent Scotland would have a single regulator

08:10am: The EU has ruled that banker’s bonuses should be capped in line with salaries

08:00am: Royal Bank of Scotland has announced an annual loss of £5.2bn. 08:00am: Rangers will find out today if their use of Employee Benfit Trusts broke SPL rules. Lord Nimmo Smith’s commission will deliver its findings at noon. Read Tom English’s view >>

On this day 1638: The Scottish National Covenant was signed in Edinburgh