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SarahBell

Market Closes - But Why?

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http://www.bbc.co.uk/news/uk-england-manchester-10828845

A group of stallholders took over the running of the market last year but hope of stopping the decline failed.

Traders have packed up at Newton Heath market in Manchester for the final time after it struggled to cope with the continuing economic crisis.

Who owns it? Do they pay rent for using it?

OK it's Newton Heath market, but a sign maybe that the the big tesco not far away has really damaged the markets beyond repair. Or maybe no one has any money to spend? Or maybe the council kept charging them rent?

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http://www.bbc.co.uk...hester-10828845

A group of stallholders took over the running of the market last year but hope of stopping the decline failed.

Traders have packed up at Newton Heath market in Manchester for the final time after it struggled to cope with the continuing economic crisis.

Who owns it? Do they pay rent for using it?

OK it's Newton Heath market, but a sign maybe that the the big tesco not far away has really damaged the markets beyond repair. Or maybe no one has any money to spend? Or maybe the council kept charging them rent?

I wondered too.... found this: Stall holders are preparing to shut up shop for the last time. Newton Heath Market is closing at the weekend after more than 80 years.A group of nine stall-holders formed a co-operative to take over the running of the market last year and had hoped to reinvigorate it.But they say they that falling visitor numbers and the combination of rates, rents and bills, means too little income and too high costs.Dorothy Lees has worked at the market off Droylsden Road for 22 years, and now runs the cafe and bedding stalls.She said: "It's very upsetting. We've got to shut down because we can't afford to carry on."I have several faithful customers who come to meet their friends and have a natter, but there aren't enough people coming overall.The open air market is held on Mondays, Wednesdays and Saturdays, and sells items such as clothes, stationery and household goods.Two years ago Manchester City Council bought it from a private landlord and refurbished it.A spokesperson for Manchester City Council said: "We very much share the disappointment of the traders that the market is having to close." http://menmedia.co.uk/northeastmanchesteradvertiser/news/s/1312285_market_closes_doors_after_80_years

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It is bizarre

" combination of rates, rents and bills"

Rents and rates paid to the council who will now get nothing - so why don't they just say ok, no rates or rent for two years until you've got it back on your feet/all given up?

Perhaps it'd fail anyway - but if the markets are so important to keep areas special then do everything you can.

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  • 149 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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