The UK fishing industry will receive an additional 30,000 metric tons of quota following the successful conclusion of an agreement with the EU.

The deal, which governs catch levels for 74 different fish stocks shared bilaterally with the bloc in the Northeast Atlantic, secures some 140,000 metric tons for the UK and is estimated to be worth over £280 million (€320 million/$386 million) in 2023.

The UK government framed the deal as victory, highlighting the 27 percent increase on 110,000 tons it claimed the UK would have been allocated if it were still a member of the bloc.