Question to the Department for Environment, Food and Rural Affairs:
To ask the Secretary of State for Environment, Food and Rural Affairs, how much of the £360m Fishing and Coastal Growth Fund has been invested since the fund was announced.
On 19 May 2025, the £360 million Fishing and Coastal Growth Fund was announced to support the next generation of fishers. A key principle of the fund is that we will work with the industry to target investment where it matters most. That engagement has started and will continue until the end of 2025. The fund is intended for delivery from 2026/27, so engagement is a key priority for this year. As such, no funds have yet been invested as we are working through the fund’s priorities with stakeholders. Once this engagement has concluded, further details on the fund will be provided.