Boris CAVES on fishing: PM’s massive EU trade deal compromise will spark Brexiteer fury

Pound to euro exchange rate climbs as Brexit talks near agreement

The Prime Minister agreed to that Brussels would only have to give back 25 percent by value of their current catches in Britain’s coastal waters.  The post-Brexit fishing agreement will feature a five-and-a-half-year transition period, during which the bloc’s generous hauls from British waters would be phased down. A senior European source said this was a “big move by Johnson” to break the deadlock.

The offer was a move on the previous attempt to reclaim 35 percent of the EU’s catch back, over three years.

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