However, the Scottish Fishermen’s Federation (SFF) said the funding model “short-changes” Scotland, which accounts for the vast majority of the UK’s fishing activity.
SFF Chief Executive Elspeth Macdonald said: “This is a grossly unfair division when Scotland comprises by far the largest part of the UK fishing industry, routinely accounting for around 60% of landings by both tonnage and value.
“When the fund was announced in May as a consolation prize for the government giving away access to UK waters until 2038 for as yet nothing in return, Defra said it would invest in new technology and equipment to modernise the fleet and work with industry to target investment where it matters most.
“Five months on, Defra having held only one meeting with industry, we’re told that the fund will be allocated according to the Barnett formula, due to an opaque change in policy within Treasury. Previously, Scotland’s share of fisheries funds was set at 47%. That has now been reduced to less than 8% at the stroke of a pen and with no discussion.
“This has gone from being a consolation prize to now being a booby prize. It’s hard to feel that this government cares one jot about the Scottish fishing industry. Sold out by the Prime Minister through the EU re-set, told that we would have this fund to help support the industry for the future, only now to find that Scotland’s share is close to derisory. This is another bitter blow for Scotland’s fishermen.”
Macdonald added that the SFF was disappointed the Scotland Office “did not stand up for the Scottish fishing industry” over the decision.
The £360 million Fishing and Coastal Growth Fund is intended to “create more secure, sustainable, and economically successful fishing and aquaculture sectors across the UK.” However, with the allocation now based on the population-driven Barnett formula rather than industry output, Scotland’s fishing leaders say the policy fundamentally fails to reflect the true scale and value of Scottish fisheries within the UK economy.