Financial support axed for traders forced out after Bury’s indoor market closed

  • 📰 MENnewsdesk
  • ⏱ Reading Time:
  • 41 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 69%

Bury Market News

Bury,Bury Council

Stallholders who relocated to the Mill Gate shopping centre will have 'unsustainable' financial assistance stopped by the council next spring

Financial support for some market traders forced to relocate after Bury’s indoor market suddenly closed is set to be axed. In October, 2023 the market was closed without delay due to the discovery of Reinforced Aerated Autoclaved Concrete in the roof structure which posed a safety risk.

Now the council is set to stop that support from March, 2025 having already spent more than £268,000 to subsidise traders. A report to to the council’s cabinet, who are set to decide on stopping the funding, said: “The level of support is unsustainable and is creating increased budget pressures on Bury Council.

The council added that the financial support also ‘creates inequity for Mill Gate retailers’. The report states that the total cost of the emergency response to the closure of the indoor market hall is more than £950,000. “Eight traders opted to operate in the open market and on pop-up stalls and seven traders were relocated to council owned property on Princess Parade. “These have now vacated to the open market or Mill Gate units ahead of the flexi-hall construction.

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:

 /  🏆 23. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stunning former working corn mill now converted into homes on market for £1.1mAn idyllic Shropshire property with huge potential, comprising a period country house, an adjoining former water mill converted into three apartments and more than eight acres of pasture paddocks, is on the market for £1.1 million.
Source: ShropshireStar - 🏆 98. / 51 Read more »

Corby: MP says £30m steel mill investment will 'lift' sectorLee Barron MP says the investment in the Corby works will create 'good jobs, skilled jobs and well-paid jobs'.
Source: BBCNorthampton - 🏆 32. / 68 Read more »