The decision to close St Johns Market “can’t have been a surprise” to business owners according to a senior city councillor.
Cllr Small debated the issue with Cllr Carl Cashman, leader of the Liberal Democrat group, and said it was a “disappointing” situation to be in. He said: “We tried with the traders, nobody wanted to be in the position we were in last Monday, it was disappointing we didn’t do that but we worked with our solicitors and their solicitors over this for a five month period. It can’t have been a surprise to the traders what happened.
Cabinet member Cllr Small rejected this argument and suggested support had been made available to the 42 businesses still operating inside the market. He said: “That’s absolutely not the case, the market wasn’t in a great place before 2016 and that’s why the council put the £2.5m investment in there.
The Liberal Democrat chief said traders had made “several attempts and several offers” to negotiate with the council but had “fallen on deaf ears.” He also repeated his call for Cllr Small to apologise to businesses for how they had been treated.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Preston Makers Market returns for March featuring over 70 local businessesSecret Industries at a previous market Pic: Preston Makers Market / Facebook The Flag Market will once again be full of local creatives when the Preston Mak
Source: blogpreston - 🏆 82. / 55 Read more »
The town going one step further to transform the rental market'If I wouldn’t want to live in that house, I don’t see why our residents should have to settle'
Source: MENnewsdesk - 🏆 23. / 69 Read more »
IEA: Oil market to shift from surplus to deficit if OPEC extends cutsThe International Energy Agency (IEA) has stated that the oil market will shift from a surplus to a supply deficit for the entirety of 2024 if OPEC extends its production cuts until the end of the year. The IEA assumes that OPEC will continue with the voluntary cuts through 2024, prompting a change in its view on the supply-demand balance. The agency also raised its 2024 outlook on global oil demand growth.
Source: OilandEnergy - 🏆 34. / 68 Read more »
World's Art Market Falls to Three-Year Low in 2023The world’s art market fell 4% to a three-year low of $65bn in 2023 due to macroeconomic and geopolitical factors, according to a report. The wealthy were also affected by disruptive changes. The highest-priced works experienced the greatest falls, while art priced at over $10mn at auction saw a 40% decline. Private dealers with annual turnover of over $10mn reported a 7% decline in sales. However, dealers with turnover below $500,000 saw an 11% increase in sales.
Source: FT - 🏆 113. / 51 Read more »
Preston Market Hall parking issues crackdown plannedCars are regularly parking at the end of the Market Hall by the Wallace and Gromit statue Pic: cparkyuk Lancashire County Council is set to visit Preston's
Source: blogpreston - 🏆 82. / 55 Read more »