£56 million boost for devolved fishing industries aims to strengthen coastal economies
Fishing businesses and coastal communities across the UK are set to benefit from a significant new funding package designed to promote growth, sustainability, and local employment. The government has announced the Fishing and Coastal Growth Fund, which includes £56 million allocated to Scotland, Wales, and Northern Ireland. The funding will be administered by the devolved governments, allowing investment to reflect local priorities and the specific needs of fishing communities. Under this allocation, the Scottish Government will receive £28 million, the Welsh Government £18 million, and the Northern Ireland Executive £10 million, based on the Barnett Formula. The funding will be [...]







