The Brexit trade deal hailed as a £148 million boost to the UK fishing fleet over the next five years will instead punish the industry to the tune of more than £300m, a new report says.

Even though fishing is a tiny part of the UK economy, it was a key issue in the Brexit campaign with promises to "take back control" of British waters. / At the end of 2020, Boris Johnson announced his new Brexit trade agreement with the EU, promising that "[we will] be able to catch and eat quite prodigious quantities of extra fish".

THE UK fishing industry will lose a massive £300 million by 2026 as a result of the UK Government's Brexit deal, industry experts have predicted.