Johnson Reveals £23 Million Compensation Package as Post Brexit Red Tape Stifles UK Exports

In this picture obtained from social media, lorries of Scottish seafood company D.R. Collin & Son Ltd are seen on a street during a protest against post-Brexit bureaucracy that has stopped them exporting to the European Union, in London, on Jan. 18, 2021. D.R. Collin & Son Ltd via Reuters

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.