Combine flour, sugar, baking powder and salt in a large bowl. Cut in butter with a pastry cutter or two knives until mixture resembles coarse crumbs.
Stir in oats and nuts.
Add milk, mixing just until moist.
On lightly floured surface, roll dough into a circle one-half inch thick. Cut into 10 wedges. Place on greased cookie sheet.
Bake in a 425°F oven for 12-15 minutes.
In a small mixing bowl, mix together softened butter and honey.