Economics
U.K. Offers Payments to Fishermen Hit by Brexit Trade Obstacles
- $31 million fund to be made available for exporters: Johnson
- Fishing industry has struggled to sell fish to EU post-Brexit
Fishermen work on their boat in the English Channel.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
U.K. Prime Minister Boris Johnson said fishermen hit by Brexit trade disruption will receive payments from the government after new paperwork snarled up fish exports to the European Union.
“We’ll make sure they get help,” Johnson told reporters on Monday as he announced a 23 million-pound ($31 million) compensation fund for the fishing industry. The money is to help businesses which have been held up by “bureaucratic delays” through no fault of their own, Johnson said.