Britain sold our fish quotas for a quick buck
But it turns out that foreign firms already own a big slice of British fishing rights and will continue to do so permanently. Why? Because British companies sold their quotas. Spanish firms own 88 per cent of Welsh fishing rights and most of the quota from the Bristol Channel to the Scottish border.
...The fishing industry has largely gone the way of so much of British business, manufacturing and utilities that have been sold off to Chinese, American and other foreign investors with the approval of successive governments.
Thanks for this intel. This is what happens when you lose confidence in your own industries.
Investing in your own country and people is a sacred duty that President Trump realizes.