Concessionary rate town's indoor market traders to continue until review in the new year

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A concessionary rate paid by Market Drayton's indoor market traders will be held at the same level for at least the next three months, it has been announced.

Helen Morgan MP at the Ginger & Spice festival this weekend alongside the Deputy Mayor Byron Chapman. She visited the Indoor Market too

"We have worked closely with LSD, who manage the market on our behalf, to negotiate a reduction in their management fee. Siobhan Noake, marketing and PR manager at LSD Promotions, said: “LSD Promotions is committed to creating an environment where traders can thrive, innovate and succeed. "The reduced rate will be reviewed in the new year to ensure that it remains aligned with the evolving needs of both the market and its traders.

The local authority had previously been planning to lift the rate relief, until intervention from the MP last month on behalf of traders asked them to reconsider. “Freezing rents at the indoor market had been a great innovation and had led to a noticeable increase in the number of stalls – which is why I and many traders were so frustrated by plans to put them right back up again.

 

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