Tag Archives: 17% reduction

Profit and turnover down as UK fishing fleet weathers a challenging year.

Our first economic performance estimates for 2020 show impact of pandemic on fishing industry. Fishing fleet performance in 2020 The total operating profit of the UK fishing fleet fell by almost a fifth in 2020 as the sector dealt with the impacts of the Covid-19 pandemic. The data we’re publishing today shows that: Operating profit fell by 19% from £264 million in 2019 to £214 million in 2020. Turnover, which had been above the £1 billion mark for the previous three years, fell to £843 million. This is a 17% reduction. These totals,,, photos, >click to read<22:26