Back in February, I covered a report from the NAFC Marine Centre which is part of the University of the Highlands and Islands, which noted for 2016:
‘In the case of cod, the increase has been four-fold from under 50 000 tons in 2006 to around 170 000 in 2016. In the same time period, Plaice biomass has increased from around 240 000 tonnes to approaching 1 million tonnes! Again in the same period, Hake has increased from around 40 000 tonnes to more than 300 000 tonnes and still climbing.’
On 30th June, the Scottish Government was able to announce significantly higher quotas based on advice from the International Council for the Exploration of the Seas (ICES):
‘The latest science includes advised increases for North sea cod (27%), whiting (34%), Norway Lobster (7%), saithe (7%) and haddock (30%), while there are advised reductions for other stocks such as hake (-4%).’
No sign of a recession here. The extent to which this remains good news depends of course on the extent to which Scotland’s economic exclusion zone for fishing is protected in the Brexit deal.