Brexit ‘provides golden opportunity to regain control of fisheries policy’

Brexit provides a “golden opportunity” to revitalise the UK’s fisheries industry, the Institute of Economic Affairs (IEA) has said.  The free market think tank claimed the sector has been in decline for decades, due in part to the EU’s Common Fisheries Policy. An IEA study urges the Government to remove indirect subsidies, such as grants for harbour improvements and transport links, because it says infrastructure is better operated on a commercial basis. The report calls for subsidies for the industry to be phased out and replaced with market mechanisms to protect fisheries. click here to continue reading the story 15:35