(6 years, 1 month ago)
Commons ChamberWe are looking for the Government to address the historic imbalance and inequality in the fishing industry that these quotas show. The companies that we have looked at have benefited from a system that has led to a long-term consolidation of quota into the hands of a very few operators. We are very keen to look at ways in which that can be changed.
May I take my hon. Friend back to the point that she was making about the impact of austerity on coastal communities? Does she not accept that, given the success of co-operatives, there might be an opportunity, through this Bill, to promote the co-operative sector in the fishing industry a little bit more, not least because one of the great things about co-operatives is that the surplus they generate stays within the local community?
My hon. Friend makes a very important point. We would certainly support increasing co-operatives. I understand that there is an opportunity to double the number of co-operatives if we go about it in the right way. That was an incredibly important point.