I have almost managed,
With this code:
\begin{figure}[htb]
\hspace*{-5cm}
\begin{minipage}{0.5cm}
\rotatebox{90}{\textcolor{red}{$y$-axis label}}
\end{minipage}%
\begin{minipage}{\dimexpr\linewidth-2.50cm\relax}%
\begin{minipage}{0.5cm}
\rotatebox{90}{\textcolor{red}{$y$-axis label}}
\end{minipage}%
\raisebox{\dimexpr-.5\height-1em}{\includegraphics[scale=0.225]{MagneticTransport.pdf}}
\qquad
\raisebox{\dimexpr-.5\height-1em}{\includegraphics[scale=0.25]{aspectratio.pdf}}
\vspace*{0.1cm}\hspace*{2.0cm}\textcolor{red}{$x$-axis label}
\vspace*{0.1cm}\hspace*{5.0cm}\textcolor{red}{$x$-axis label}
\end{minipage}%
\end{figure}
I would like:
- To have the other 'y-label' next to the second graph, and
- if possible, have the 'x-label' and 'y-label' centred underneath (on the side) of the plots.