What will Cornwall’s future be like after Brexit?

in Brexit by

This is a question I have been thinking to myself for sometime, what does the future hold for Cornwall post-Brexit? How will my home county benefit from tourism when the UK leaves the EU?

To answer this question let’s take a look at one of the reasons. Cornwall relies heavily on tourism for income as it has no large industrial history. After Brexit, we will be able to welcome tourists from beyond Europe and current exchange rates after the referendum make the UK a more favourable holiday destination. There is hope for more people to stay in England rather than travel abroad.

However, as for mining, a discovery of lithium in Cornwall could reignite the Cornish mining industry for the first time in twenty years, albeit only minor.

Cornwall’s fishing industry, for example, has been vocal about EU restrictions on business and trade. As a county, 57 percent of people in Cornwall voted to leave the EU, with North Cornwall voting 60% – 40% to leave. By taking back control of quotas, the UK can prioritise its own fishermen while overseeing vital management and conservation of fish stocks.

As for funding, Cornwall will still be funded, but not by the EU but from the UK government. Projects in Cornwall will still be funded like Aerohub Airport at Newquay, tourism projects, better roads leading to Cornwall etc.

Currently, Cornwall is a net beneficiary of EU funds. These are allocated to the county by Brussels, with money invested in infrastructure and enterprise. As the UK only gets half its membership fee back from the EU, local MP Scott Mann argues that there is no reason why a form of regional funding cannot continue after Brexit, but without the bureaucracy and hoop-jumping associated with Brussels.

In conclusion we don’t know for sure – it depends who you vote for – but the way to a brighter future for Cornwall is Brexit.

Disclaimer: The content of this post reflects the views of the author, and not necessarily those of MBGA News.

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