Amanda McMillan, managing director of Glasgow Airport, said: "We welcome the findings of the Smith Commission which has recommended the devolvement of Air Passenger Duty (APD) to the Scottish Parliament.

Image source, PA

"APD is the highest form of aviation tax in the world and it is important it is devolved and reformed as soon as possible.

"APD is a damaging, regressive tax which in addition to dissuading airlines from adding new routes, makes it extremely challenging to maintain existing services.

"Having full control of APD will play a major role in strengthening Scotland's connectivity and provide yet a further boost to our burgeoning tourism industry."

Alistair Carmichael says today represents "a time to heal the divisions, to bring the people of Scotland together".

He adds: "We had a vote and we said we would deliver change. We have now told the people of Scotland today what that change will be.

"It's time to get together and use the powers that the Scottish Parliament has, and will get, and to use them for the good of the Scottish people and the Scottish economy."

At First Minister's Questions earlier, Nicola Sturgeon said the proposals fall short of genuine home rule, which she says was promised ahead of the independence referendum.

Ms Sturgeon added it was her belief that the opinion of the Scottish people would be the powers are not enough, and that they will show that at the next election.

Douglas Fraser
Business and economy editor, Scotland

Nicola Sturgeon at FMQs: says she would raise top tax to 50%, if she could now. Cites Scottish Trade UnionCongress and SCVO disappointment at Smith Commission.

Tim Reid
Political correspondent, BBC News

SNP disputing Carmichael's claims that more than 50 % of revenue spent will be raised by Scottish Parliament.

Labour MP Sandra Osborne, in the House of Commons debate, backs the decision not to immediately recommend the devolution of abortion powers "which would have caused all sorts of problems".

Mr Carmichael, in response, said: "There is a clear statement that it is considered by the commissioners to be an anomalous situation and I can understand why they take that view.

"However, we have always dealt with abortion differently - we have always made it the subject of a free vote in this house.

"And I think the compromise they reached in the commission to have a recognition of the anomaly that currently exists but saying a new process will have to be devised in order to deal with that is a sensible one."

Annabel Goldie also spoke to the BBC News Channel earlier. She was one of the representatives on the Smith Commission for the Scottish Conservatives.

She said: "It was challenging. You'd expect robust discussion, from five different parties, in many respect with quite disparate views.

She said: "I thought it was a measure of the commitment to Scotland and Scotland's future, that we managed to bang our heads together, iron out the differences, because we wanted to come out with an agreed position and I'm delighted that's what we've managed to do.

"A very positive position, a very exciting position, for the future of Scotland."

Douglas Fraser
Business and economy editor, Scotland

FMQs at Holyrood: rarely can there have been such a stairheid rammy about a consensus. #smithcommission

Nicola Sturgeon at FMQs quotes IEA saying Smith Commission is a "dangerous half-way house". (It then warns blame game continues, more tax and red tape).

Michael Moore, speaking on the BBC News Channel earlier, said: "This is home rule for Scotland. We have got a substantial package of financial measures coming to the Scottish parliament. It will raise something like 60% of the spending that its responsible for, in taxes directly or indirectly.

"It has also got the beginnings of separate Scottish welfare system that builds on the social union from the cradle to the grave but also roots Scotland still very firmly within the UK; particularly that matters for job and wealth creation."

"But we have devolved substantial powers to assist people getting to work to the Scottish parliament."

Tim Reid
Political correspondent, BBC News

Stewart Hosie: Proposals to not reflect the powerhouse parliament many thought they had been promised #smithcommission

Sean McPartlin:, external Coalition line: "This is Home Rule for Scotland" - either means they are daft, or they think we are. #smithcommission

Calum Findlay:, external At least we get 100% control of speed limits and road signs! #smithcommission

Mark Bolsover:, external #smithcommission whilst their are *some* positives (e.g. change of franchise for 16/17 yr olds), the, frankly, obfuscatory checks make it seem like a maintenance of the status quo, couched in apparently well-meaning platitudes...

Kirstein Rummery:, external #smithcommission achieved cross party consensus - that is actually a *huge* achievement. Wish all politics looked like this

Conservative MP Andrew Percy, in the House of Commons debate on the Smith Commission, says people in England are "getting the fluffy end of the lollipop."

John Beattie
BBC Scotland

On air on BBC Radio Scotland - what do you think of the conclusions of the Smith Commission report?

You can text me on 80295.

Jackie Baillie MSP, who is standing in at First Minister's Questions until the Scottish Labour Party finds a new leader, says the vow made to people of Scotland ahead of the referendum has been delivered ahead of schedule.

Scottish Socialist Party (SSP) national spokesperson Colin Fox says that Smith proposals were "underwhelming" and did nothing to tackle key problems facing working people.

Mr Fox said: "As tax raising powers are devolved the block grant to Holyrood will fall leaving power still very much in London's hands.

"On key problems facing thousands of Scots it has no real answer. No new power to tackle fuel poverty, introduce a desperately needed wage of £10 an hour or tackle the scandal of zero hours contracts.

"What the commission shows is the stark reality between its tinkering and spin and the failure to address the crying needs for jobs, fair pay and real change.

"It will not settle the increasing demand for independence reflected in public opinion since September 18th and underlines the SSP's view that independence has not been defeated but deferred."

Douglas Fraser
Business and economy editor, Scotland

Free market Institute of Economic Affairs says the Smith deal "dangerous 1/2-way house". Blame game goes on, with the prospect of more regulation and higher tax.

Brad Mackay, of the Edinburgh University Business School, says business leaders don't want single market disrupted and would prefer Holyrood to keep tax rates consistent with UK.

Meanwhile, Scottish Retailers say more devolution is not an end in itself, adding: "Priority is simple, make it easier and less costly for firms to invest, grow and hire"

Nicola Sturgeon, in First Minister's Questions, asks how Labour has managed to find itself on same side as Conservatives and on different side from STUC over Smith proposals.

She points to comments from various charities and unions which have expressed disappointment over what is on offer and says there are no powers to create jobs.

Graham Fraser
BBC Scotland

If you want to watch First Minister's Questions, where MSPs are discussing the Smith Commission, you can do so on the 'Live Coverage' tab of this page or follow it on the BBC's live blog and video of the Scottish Parliament.

Labour MP Dame Anne Begg describes the Smith recommendations as "The Vow Plus".

But she adds: "It is quite right that pensions, and in particular state pensions, should remain reserved as there is no doubt that throughout the referendum campaign and polling that voters, and indeed Yes voters, wanted it to remain within the UK."

Reaction on Twitter going wild for the Smith Commission.

Image source, TRENDSMAP

It was the 8th most tweeted about topic in UK, and 5th most tweeted about in Scotland.