Lloyds Banking Share Discussion Threads

[maxk] 12/12/2020 21:46

From the above article:



The introduction of fishing quotas under the Common Fisheries Policy in 1983 resulted in some foreign vessels being registered in the UK, to purchase the country’s quota which was being traded between vessel operators as a long-term asset. Margaret Thatcher challenged the “quota” hoppers with the Merchant Shipping Act 1988, which required fishing vessels to be British owned, but the legislation was found to breach European law by the European Court of Justice in 1991.

[maxk] 12/12/2020 21:43

Foreign-owned super trawler will still control biggest slice of Britain's fishing quota after Brexit

A Lowestoft fisherman said 'The Government allowed our quota to be bought up by foreign companies, but it’s a public asset'

By
Jon Ungoed-Thomas
12 December 2020 • 6:00pm





Ministers are being urged to take action against a foreign-owned super trawler which was once caught by the Royal Navy illegally fishing off the Cornish coast - and now controls the biggest amount of UK fishing quota.

The 119-metre long Frank Bonefaas - which processes and freezes its vast catch on board - is the largest trawler registered in the British fishing fleet. The trawler controls 23 per cent of England’s fishing quota and lands its entire catch in Holland.

Campaigners say the operation of Frank Bonefaas exposes that even after the Brexit transition, more than half of England’s fishing quota will be controlled by foreign fishing companies in Holland, Spain and Iceland. They want a radical overhaul of fisheries policy to ensure more quota for British fisherman.

Paul Lines, 62, a life-long Lowestoft fishermen and member of the Lowestoft Fish Market Alliance, who has been campaigning for more quota for the British fishing industry, said: “You can’t rebuild the country’s fishing industry when more than half the quota is controlled by foreign interests. It’s a national scandal.

“The Government allowed our quota to be bought up by foreign companies, but it’s a public asset and should be for British fishermen.”



Whole article here:

[minerve 2] 12/12/2020 21:39

You can't do good business with bad people and idiots. :)

[minerve 2] 12/12/2020 21:38

If I was the EU I'd want us to leave to.

A rotten and tainted egg in an otherwise decent batch. :)

[chinahere] 12/12/2020 21:36

The EU won't budge and I really hope we don't either.

It's so much better for us to leave on WTO IMHO.

[minerve 2] 12/12/2020 21:31

Ekuuleus

"You claim to be smarter than everyone else."

No. That is just your inferiority complex kicking into gear.

I believe there are plenty of stupid people around and I am generally more knowledgeable about business, finance and investing than most on ADVFN.

"You claim to have gotten a company listed on the stock markets."

Not on my own. With others of course. It does require teams of advisors and a BOD.

"And yet no basic understanding of law."

What is the law then WRT to fishing? I thought we were supposed to be sovereign? One of the many benefits of Brexit remember. :) So we could exercise forbearance if we believe it is in our interests, no?

Or should we just blow them out of the water and then come back a few days later and try to sell them the fish we caught and look forward to productive conversations with respect to trade?

LOL

[cheshire pete] 12/12/2020 21:17

chinahere #266: "When are we going to get the 'No Deal' announcement?"

There may not be an announcement. The current Mexican standoff...neither side prepared to give ground that could lead to a deal, but also neither side prepared to call a halt to negotiations for fear of being labelled the destructor or terminator.

Meanwhile preparations for no deal to continue. Half expect the EU to come up with some chicanery in the next 19 days though.

[maxk] 12/12/2020 20:40

Thanks for the Janet Daley article 5x .. excellent!

[xxxxxy] 12/12/2020 20:30

Democracy ain't always easy. But the EUSSR is a Fig leaf pretending to be Democracy.The EUSSR is so dangerous, an Animal Farm in our time.Freedom, Democracy, Honesty. Sovereignty. Some concepts not understood and actively undermined by the Evil EUSSR.No Deal WTO Liberty Nos da. Cymru am byth.

[chavitravi2] 12/12/2020 19:40

Port, I agree. I see no reason why they shouldn't be working from their office with secure systems.
I see British car makers doing very well in the home market as I believe there will be a 10% tax on imported cars. German and French motors will surely take a hit here in the UK, they have quite a big market here.
So will we of course which makes it an expensive nonsense all round. That said our car makers do produce in EU for EU market.

[maxk] 12/12/2020 19:03

freddie

If you are interested in where Macaroni is coming from, read on.

[freddie01] 12/12/2020 18:52

Depends freddie.

If Macaroni manages to keep hold onto the fish, he will be a national hero.

If...

[maxk] 12/12/2020 18:21

Depends freddie.

If Macaroni manages to keep hold onto the fish, he will be a national hero.


Doris, on the other hand, will be finished.

[portside1] 12/12/2020 18:13

What about security with customers having to give there bank details to bank staff working from there homes , with other family members using the same internet are these family members checked for security ,We all know that it is not always happy families The banks should stop all trans actions on the phone to staff Working from home

[freddie01] 12/12/2020 18:13

Time will tell but I wonder if Macron has signed his own death warrant with his stance on fish.

French fishermen and related businesses could be looking at a lot of pain if we defend our waters.

He wasn't popular before all this.

[poikka] 12/12/2020 18:12

Thing is, boys and girls, we're all (or most of us) on the same page with regard to trading with the rest of Europe, except that there's one thing in the way - the Brussels Eurocrats: career politicians on the gravy train standing firmly in the way of commerce.

Remember the wine lakes (careful won't, he's too young)? Remember the butter mountains? Remember the great plan for France to be the milk producer of Europe?

The architects of those grandiose social experiments worthy of the likes of Mao or Stalin, might have gone, but the building blocks are still there for the next bunch of visionaries.

Remoaners should not run away with the idea that Leavers are against the concept of a European free trade area, well I'm not, we're merely totally opposed to the politicians getting in the way of vibrant free trade all in the name of self-interest and self-advancement.