Publisher:
Economics Observatory
Alternative Published Date
2021
Category:
Type of Resource:
Article
Fast Facts
The immediate aftermath of Brexit for the fishing industry has been severe challenges in accessing key markets.
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The long-term economic effects on the UK fishing industry of Brexit are hard to predict. In recent days, exports have restarted for small-scale businesses and the coming weeks will tell whether or not this will be sustained.
There are many who hope that, in time, Brexit will provide an opportunity to grow the UK fishing industry and to help support wider investment in coastal communities as part of the ‘levelling-up’ agenda. This is likely to require investment in wider infrastructure, and not just support for the fishing industry.
One thing that is certain is that debates over the benefits and costs for the UK fishing industry will continue to rage for some time yet.
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