North-east Fife Fishing Industry (Financial Aid)

Part of Question Time — Scottish Executive – in the Scottish Parliament at 2:30 pm on 12th June 2003.

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Photo of Allan Wilson Allan Wilson Labour 2:30 pm, 12th June 2003

Ross Finnie announced a £50 million restructuring support package for the industry earlier in the year. That is in addition to funding available under the 2000-2006 financial instrument for fisheries guidance programme.

More generally, the enterprise network has in place a range of initiatives to stimulate business growth and more employment. With Fife Council, Scottish Enterprise Fife has commissioned a survey of local companies to assess the economic impact of recent changes to European Union fishing regulations. That report will form the basis of a co-ordinated response from the council and the local enterprise company to the difficulties facing local industry.