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All Posts By Cristina Diaconu

Scotland’s Fishing Industry after EU Referendum

Cristina Diaconu By Posted on 2 m read

Scotland’s fishermen strongly agree with the come out of the Brexit, saying that they can finally be in charge of the industry.

Although Scotland’s turnout was 67.2% in favour of remaining, the fishermen think that UK leaving the EU is good news for the 5,000 strong fleet. They can now have their own exclusive economic zones and believe they can overcome the past of overfishing and incoherent regulation.

Bertie Armstrong, the chief executive of the Scottish Fishermen’s Federation, says that politicians should embrace the result of the Brexit and use it for the benefit of the fishing industry. His main examples come from Iceland and Norway, countries that are not part of the European Union, but share many key North Sea fishing grounds with the UK.

If UK decides to join the EEA (European Economic Area), as Norways and Iceland did, they will still face complex regulations on how to manage the fish stock. Fishermen will need to follow strict rules, and will not be left to come up with their own laws.

The SNP MP Paul Monaghan disagrees with the Scottish fishermen. He thinks leaving the EU will not help the industry in any way and that they will not see any significant change within the next two years, until the Government chooses to progress Article 50.

He even says that remaining in the EU would have helped the fishermen, because the fisheries policies were due to be renegotiated in 2020, when UK could have finally had a chance to make a difference for its industry.

Dealing with the consequences of the turnout will take some time, but if Scotland is to come up with a new plan for their industry then they have to take into consideration a way to maintain and conserve the marine environment as well.

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Vegetarianism Could be the Future

Cristina Diaconu By Posted on 2 m read

As more and more people decided to change their diet drastically, the world started to celebrate the World Meat Free Day every year on 13th of June.

In 2012, United Kingdom was ranked 22nd for meat consumption per person. Each person consumed on average 85.8 kilogrammes per year. Of this amount, the highest consumed meat was poultry with 29.2 kg, followed by pork with 27.9 kg and beef with 22 kg.

These numbers have started to raise some environmental concerns, as 40% of the food grown in the world today is feed for animals. The figures are likely to increase to 60% in the next 20 years if people will keep consuming meat and dairy in large amounts.

There are numerous reasons why people should consider giving up meat and change to a more plant based diet. One of them is the damage this industry does to the natural environment. Going meat free even for a day will contribute to tons of carbon, water, and unsaturated fats savings.

Health is also another reason people should look into as consumption of red and processed meats is associated with increases in cancer mortality and cardiovascular disease mortality. A more vegetables and fruits orientated diet will boost the health and reduce cancer risks.

Giving up meat for a day is an easy task to do and can have a positive impact on health, environment, and animals. Every person that decides to do so makes a difference and are a step closer to a healthier and more balanced life style.

The World Meat Free Day campaign aims to raise awareness of the benefits of eating less meat and show that going meat free for life has multiple advantages for the environment, personal health, and animals welfare. It will result in fairer food systems and a better planet that can be enjoyed by many after us.

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ASOS Sales

Cristina Diaconu By Posted on 2 m read

ASOS, the British online fashion and beauty store, announced that their sales have increased with 30% in the past four months to June.

One of the reasons that led to such a growth was the decision to close their loss-making Chinese business. They are now looking forward to investing £2 million in other markets and escape this impediment on earnings.

Although most of the retailers feared the Brexit result will affect their sales, ASOS can proudly confirm right the opposite. Because the sterling has dropped from $1.50 to $1.30 on 23rd of June, the day of the EU Referendum, it enabled UK based retailers to become more competitive in the overseas markets.

Their sales were strong both in the UK, with a rise of 28% to £203 million, and internationally, with a rise of 31% to £297 million. This was more than good news for the store, as approximately 60% of its sales are generated overseas.

ASOS, which stands for As Seen On Screen, was set up in 2000, and it’s due to unveil their annual results in October. Nick Beighton, the CEO of the store says that the profits for 2016 will meet the expectations, with analysts forecasting a 28% boost in pre-tax profits to £61 million.

Last year, the sales between March and June were £386 million, compared with this years’ sales of £500.5 million. The number of active customers has also increased by 24%, making it to 12 million.

Their strongest performances came from UK, US, and Europe and by the sound of their forecasting they are planning on investing even more in their business and gaining more customers and higher annual profits.

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