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Boris Johnson has not ruled out triggering the dispute mechanism against France as a row between the two countries over post-Brexit fishing rights escalates.

On Friday, France seized a British scallop trawler and threatened to block ports and increase checks on boats and lorries over the UK denying some boats a licence to fish in Jersey’s waters.

French President Emmanuel Macron raised tensions further with the UK after telling the Financial Times that the UK is risking its “credibility” after going back on commitments made to the EU with regards to fishing.

Speaking to Sky News’ Beth Rigby on Saturday ahead of the G20 summit in Rome, the PM reiterated that he will “do what is necessary to protect British interests” if ministers believe the French have breached the UK-EU trade agreement.

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UK-France fishing row intensifies

Addressing the diplomatic dispute, Mr Johnson admitted to Sky News that he is “worried” that the French may have broken the treaty with regards to fishing.

Pressed on whether he could rule out triggering the dispute mechanism against the French next week, the PM added: “No, of course not, I do not rule that out.”

The dispute process would see a consultation period started, after which, if there is no solution found, an arbitration panel would be formed with compensation demanded or even the treaty suspended as punishment, according to the Commons Library.

More on European Union

The row erupted after the UK authorities refused to give licences to 55 French fishing vessels to fish in UK waters because they believed they did not meet the requirements.

But the French claim the British are in the wrong and had threatened to make it difficult for UK fishers and lorry drivers in France.

Tensions escalated further after a British scallop trawler – named the Cornelis Gert Jan – was detained in Le Havre on Thursday.

Andrew Brown, head of public affairs for Macduff Shellfish, which owns the boat, said the charge “relates to fishing in French waters without a licence and that’s the bone of contention”.

“We believe we were fishing with a valid licence and the French authorities don’t,” he said.

As well as detaining the scallop trawler, France has also fined two other fishing vessels over the row.

French President Emmanuel Macron gives a news conference during the signing ceremony of the deal to buy frigates
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French President Emmanuel Macron came face-to-face with Boris Johnson at the G20 summit and will again at the upcoming COP26 climate conference

Mr Johnson said: “If another European country wants to break the TCA – the Trade and Cooperation Agreement – then obviously we will have to take steps to protect UK interests.”

“We are very keen to work with our friends and partners on all these issues,” he told Beth Rigby.

Pressed on whether the UK will launch a dispute settlement with France next week after Brexit minister Lord Frost told the EU on Friday that the UK government could launch proceedings if France goes ahead with its threats over the fishing row, the PM said: “If there is a breach of the treaty, or if we think there is a breach of the treaty of course we will do what is necessary to protect British interests.”

Asked if he believes there has been a rule-break, Mr Johnson said: “I am worried that there might be – and I am looking at what is going on at the moment, and I think that we need to sort it out.”

Fishing boats moored in the port of Boulogne, France. Environment Secretary George Eustice has warned France the UK could retaliate if it goes ahead with threats in the fishing row, warning that "two can play at that game". Picture date: Friday October 29, 2021.
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Fishing boats moored in the port of Boulogne, France

Mr Johnson said the UK government “want to see that treaty observed”, but added that “the much more important issue” before world leaders today is climate change.

The PM and President Macron came face-to-face at the G20 summit in Rome this weekend and will do again at the COP26 climate conference in Glasgow.

Speaking on Friday, a Downing Street spokesman said Mr Johnson will have a “brush by” with the French president about the row at the COP26 climate summit in Glasgow, which starts on Sunday.

The spokesperson added that threats to “disrupt UK fisheries and wider trade, to threaten energy supplies… would put the European Union in breach of the Trade and Cooperation Agreement”.

Meanwhile, a letter seen by Sky News shows the French Prime Minister Jean Castex urging the EU to prove that there is “more damage to leaving the EU than to remaining there”.

In the letter to European Commission President Ursula von der Leyen, dated 28 October, Mr Castex states: “It’s essential to clearly show to European public opinion that respecting commitments isn’t negotiable and that it’s more damaging to leave the European Union than to stay in it.”

Mr Castex adds that the EU must demonstrate its “total determination” to force the UK to stick to the agreements it has made on fishing.

France says the decision from the UK and Jersey in September to deny fishing licences to French boats was a breach of the Brexit deal.

French officials have warned that they will prevent British boats from landing their catches in some French ports next week unless the row is resolved by Tuesday.

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Brexit: ‘These threats are not acceptable’

Speaking to Sky News on Friday, Environment Secretary George Eustice said the UK has issued post-Brexit licences to 1,700 vessels, including 750 French fishing boats, which amounts to 98% of applicants.

He said the remaining 55 vessels, despite the UK trying to help them with the data, could not prove they had fished in Jersey’s waters previously so could not get a licence under the trade and co-operation agreement with the EU.

As well as detaining the scallop trawler, France has also fined two other UK fishing vessels over the dispute.

Mr Eustice said: “We don’t know what we’ll do, they said they wouldn’t introduce these measures until Tuesday at the earliest, we’ll see what they do.

“But if they do bring these measures into place, well, two can play at that game and we obviously reserve the ability to respond in a proportionate way.”

The French ambassador to the UK was summoned to Downing Street on Thursday over the issue.

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Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum

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Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum

Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum

Altcoins may see a resurgence in the second quarter of 2025 as regulations for digital assets continue to improve, according to Swiss bank Sygnum.

In its Q2 2025 investment outlook, Sygnum said the space has seen “drastically improved” regulations for crypto use cases, creating the foundations for a strong alt-sector rally for the second quarter. However, it added that “none of the positive developments have been priced in.” 

In April, Bitcoin dominance reached a four-year high, signaling that crypto investors are rotating their funds into an asset perceived to be relatively safer. 

But Sygnum believes regulatory developments in the US, such as President Donald Trump’s establishment of a Digital Asset Stockpile and advancing stablecoin regulations, could propel broader crypto adoption.

“We expect protocols successful in gaining user traction to outperform and Bitcoin’s dominance to decline,” Sygnum wrote. 

Increased focus on economic value ignites competition

Sygnum also said that competition would increase as the market focuses on economic value. Increased competition in a market often results in better products, ultimately benefiting consumers: 

“The market’s increased focus on economic value compels greater competition for user growth and revenues, with rising protocols such as Toncoin, Sui, Aptos, Sonic, or Berachain taking different approaches.”

Sygnum added that while high-performance blockchains address limitations of the Bitcoin, Ethereum and Solana blockchains, these chains find it challenging to achieve meaningful adoption and fee income. 

Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum
Sector breakdown by market capitalization. Source: Sygnum

The report highlighted that some approaches have been more sustainable. These include Berachain’s approach of incentivizing validators to provide liquidity to decentralized finance (DeFi) applications, Sonic’s rewarding developers that attract and retain users, and Toncoin’s Telegram affiliation to access one billion users.

Aside from layer-1 chains, Sygnum highlighted that layer-2 networks like Base also have potential. The report pointed out that while the memecoin frenzy on the blockchain pushed its users and revenue to new highs, it made an equally sharp decline after memecoins started losing steam. 

Despite this, Sygnum noted that Base remains the layer-2 leader in metrics like daily transactions, throughput and total value locked. 

Related: Italy finance minister warns US stablecoins pose bigger threat than tariffs

Memecoins still a leading crypto narrative in Q1

Despite recent price declines, memecoins remained a dominant crypto narrative in Q1 2025. A CoinGecko report recently highlighted that memecoins remained dominant as a crypto narrative in the first quarter of 2025. The crypto data company said memecoins had 27.1% of global investor interest, second only to artificial intelligence tokens, which had 35.7%.

While retail investors are still busy with memecoins, institutions have a different approach. Asset manager Bitwise reported on April 14 that publicly traded firms are stacking up on Bitcoin. At least twelve public companies purchased Bitcoin for the first time in Q1 2025, pushing public firm holdings to $57 billion.

Magazine: Uni students crypto ‘grooming’ scandal, 67K scammed by fake women: Asia Express

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Who’s nicer – Lords or MPs?

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Who's nicer - Lords or MPs?

👉 Click here to listen to Electoral Dysfunction on your podcast app 👈

The two baronesses of the podcast finally lift the lid on the House of Lords in this special Q&A episode. What’s it really like on the red benches in parliament? And if you’re a Lord, are you a has-been?

Also – was Tony Blair actually cool in the 90s? Or was it just a more optimistic time in politics?

Come and join us LIVE on Tuesday 20th May at Cadogan Hall in London, tickets available now: https://www.aegpresents.co.uk/event/electoral-dysfunction-live/

Remember you can also watch us on YouTube!

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Why a ‘Trump-fest’ could be just the tonic for a special relationship under strain

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Why a 'Trump-fest' could be just the tonic for a special relationship under strain

It was perhaps not quite how officials, in London at least, had envisaged the announcement of the state visit would be made.

In the Oval Office, Donald Trump revealed the news in his own way.

“I was invited by the King and the great country. They are going to do a second fest – that’s what it is. It is beautiful,” he said during an impromptu Oval Office moment.

The question was, did this “fest” – which Mr Trump suggested could happen in September – amount to the much hyped second state visit for the American president?

Or was this actually just the smaller visit that had been offered two months ago as an initial bilateral visit at which the state visit would be discussed?

Back in February, Sir Keir Starmer presented the president with a letter from King Charles and the offer of a state visit.

The letter proposed an initial meeting between the King and the president to discuss details of the state visit at either Dumfries House or Balmoral, both in Scotland, close to Mr Trump’s golf clubs.

The King wrote: “Quite apart from this presenting an opportunity to discuss a wide range of issues of mutual interest, it would also offer a valuable chance to plan a historic second state visit to the United Kingdom… As you will know this is unprecedented by a US president. That is why I would find it helpful for us to be able to discuss, together, a range of options for location and programme content.”

As he revealed the news of his “fest” with his “friend Charles”, Mr Trump said: “I think they are setting a date for September…”

Sources have since confirmed to Sky News that it will amount to the full state visit.

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Pic: Reuters
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Sir Keir Starmer handed Trump the invite earlier this year. Pic: Reuters

‘Even more important’

It’s possible the initial less formal presidential trip may still happen between now and September. Mr Trump is in Europe for the NATO summit in June and is due in Scotland to open a new golf course soon too.

“It is the second time it has happened to one person. The reason is we have two separate terms, and it’s an honour to be a friend of King Charles and the family, William,” the president said.

“I don’t know how it can be bigger than the last one. The last one was incredible, but they say the next one will be even more important.”

His last state visit in 2019, at the invitation of the late Queen, drew significant protests epitomised by the giant blow-up “Baby Trump” which floated over Parliament Square.

The president was hosted by the Queen in June 2019. Pic: Reuters
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The president was hosted by the Queen in June 2019. Pic: Reuters

Britain’s trump card

September is a little earlier than had been expected for the visit. It may be an advantage for it to happen sooner rather than later, given the profoundly consequential and controversial nature of the first few months of his second term.

The decision by the British government to play its “state visit trump card” up front back in February drew some criticism.

And since February, Mr Trump’s position on numerous issues has been increasingly at odds with all of America’s allies.

On Ukraine, he has seemingly aligned himself closely with Vladimir Putin. His tariffs have caused a global economic shock. And on issues like Greenland and Canada, a member of the Commonwealth, he has generated significant diplomatic shock.

A risk worth taking

Mr Trump is as divisive among the British public as he is in America. Sir Keir is already walking a political tightrope by choosing the softly softly approach with the White House.

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The UK government chose not to retaliate against Mr Trump’s tariffs, unlike some allies. Sir Keir and his cabinet have been at pains not to be seen to criticise the president in any way as they seek to influence him on Ukraine and seek an elusive economic deal on tariffs.

On that tariff deal, despite some positive language from the US side and offers on the table, there has yet to be a breakthrough. A continuing challenge is engaging with the president for decisions and agreements only he, not his cabinet, will make.

British officials acknowledge the risk the state visit poses. In this presidency, anything could happen between now and September.

But they argue British soft power and Mr Trump’s fondness for the Royal Family and pomp – or a “fest” as he calls it – amount to vital diplomatic clout.

For a special relationship under strain, a special state visit is the tonic.

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