UK fishing industry warned of major post-Brexit compromises

A parliamentary report by the Lords EU Energy and the Environment Sub-Committee says Britain’s fishing industry will need continued access to European markets if it is to thrive after Brexit – which will mean offering the EU major concessions. The report also warned that the interests of the fishing industry should not be sidelined in Brexit negotiations, even though it accounts for less than half of 1% of GDP. Lord Teverson, chairman of the sub-committee : “Brexit will involve many trade-offs, and it may very well be that EU member states demand more access to UK waters than some fishers would want in return for our continued rights to sell fish to the European market with zero tariffs.” Read the rest here 19:05