Dean Carroll, cabinet member for housing and assets, has today confirmed the council will be introducing a"stepped increase" in rent rather than reverting immediately to full rates.
“As this specified time period draws to a close, we have decided on a stepped increase to support new traders, rather than immediately reverting to full rates, in order to continue supporting the market hall. “As ever, we encourage people to visit new and existing traders at the indoor market, as it’s a great place to shop.”
In her letter the MP said it would be a"shame" for such"positive progress" to be jeopardised by raising rents again and that the reduced rent initiative would"boost the wider town centre economy" and give residents access to more affordable goods.