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Johnson Reveals £23 Million Compensation Package as Post Brexit Red Tape Stifles UK Exports
UK Prime Minister Boris Johnson has revealed that a £23 million ($31.24 million) fund has been created to compensate businesses whose exports have been delayed by excessive red tape following Britain’s exit from the European Union.
The government said this extra cash was on top of a £100 million ($136 million) investment in the industry over the next few years and nearly £200 million ($272 million) provided to the Scottish government to minimize disruption.
The funding announcement came as more than 20 shellfish trucks parked on roads near the British parliament and Johnson’s Downing Street residence on Monday to protest against the post-Brexit bureaucracy that has throttled exports to the EU following the creation of a full customs border.
Boris Johnson has promised a compensation fund for seafood exporters hit by post-Brexit bureaucracy, but describes their difficulties as "teething problems".