Tag Archives: the Chief Secretary to the Treasury

Fishermen get a £10m lifeline to stay afloat: Government will hand 1,000 businesses cash grants amid coronavirus crisis

Ministers have announced a £10 million bailout for England’s fishing industry to keep firms afloat during the coronavirus crisis. The industry has been hammered by the current outbreak with demand from restaurants having collapsed because they have been forced to close during lockdown. Meanwhile, the international fish market has also taken a massive hit with UK trawlers struggling to export what they catch. The government’s bailout will see direct cash grants awarded to more than 1,000 fishing and aquaculture businesses with a total of £9 million available. >click to read< 08:56