5 April 2012 Last updated at 04:29 ET

Scottish fishermen get Cod Wars payments

Scots trawlermen who lost their jobs as a result of the Cod Wars in the 1970s have won compensation and an apology.

The Royal Navy was sent to protect British ships from disruption by Icelandic vessels.

The UK objected to Iceland's declaration of control over a 200-mile fishing limit but the two nations eventually came to an agreement.

A report has found maladministration by the Department of Business, Innovation and Skills (BIS).

False expectations

The agreement was struck in 1976, leading to fewer British boats being allowed to enter Icelandic territorial waters.

In 2009, a trawlermen compensation scheme was set up, but an investigation by the Parliamentary Ombudsman's found former skippers and their representatives were given false expectations as to what the scheme would deliver.

A consolatory payment of £1,000 will now be made to applicants.

Those who already received a maximum payout of £20,000 from previous schemes will not be eligible.