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REPORTS that a think-tank – featuring 30 voluntary organisations – have suggested stripping the Environment Agency of £9.4 million in official finance remain unsubstantiated.

The Quango’s cost-cutting advice is believed to suggest the new Conservative-Liberal coalition should remove Government subsidy to the EA’s fisheries work, which is otherwise funded by nearly 1.5 million rod licences being sold annually to anglers.
The loss of the aid, which tops up rod licence fee income, has prompted speculation there could knock-on rises of over £7 per annual coarse adult licences to maintain services.

UPDATE: for the latest, check out this week’s Angler’s Mail magazine (cover dated Aug 10).