A recent UK government report suggested the common fisheries policy (CFP) has failed to achieve its key objectives -- to manage fish stocks successfully and to provide an economically sustainable basis for the industry.

This was the “overwhelming” view of businesses, non-governmental organizations (NGOs), members of parliament (MPs) and other experts and interested parties who gave evidence to the Department for Environment, Food & Rural Affairs (Defra)-led report that was examining the balance of competences between the European Union (EU) and the United Kingdom in the area of fisheries.

However,