Buoying Hull’s economy as tide turns on £500m of EU funding

Hull has been a major benefactor of European Union funding in various ways to the tune of some £500m in recent years. Yet last June it showed its gratitude by voting 67.6% in favour of leaving the EU, on a 62.9% turnout.

With its former economic mainstay – the fishing industry – long gone, Hull has been forced to seek other activities and markets to buoy its struggling local economy, with its port and the growing renewable energy industry looking the best bets.

While these markets are vulnerable to the uncertain climate created