Victor Boyhan (Independent)
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I thank the witnesses. I want to thank them for the quality of the BIM report. It is great to have it online, but I request more hard copies for those coming to the meeting. It is an excellent production. This morning three people stopped me to ask where I got it. I said it came in the post from somebody and that I am on the committee. The production, the way it is done and the infographics in the report make it very easy reading and very important for policymakers and people who support the industry. I salute the graphics, design, and content people and I ask the witnesses to pass that on. It is really helpful and we are selling a story, after all.

The report states: "Quota allocations for 2025 rose by 3% in volume but fell 2% in value a reflection of changing stock conditions and market prices." Can the witnesses explain that? These are very interesting figures. On one hand it suggests we have made some improvements on the quota, specifically a 3% rise in volume. However, it fell 2% in value. Can the witnesses give a concise commentary on that?