Last week, traders at Doncaster’s Wool Market received a letter informing them that their electricity bills would rise from £0.25 to £0.39p/kw. The 56 per cent rise is the latest in a series of increased cost implemented by Market Asset Management which took ownership of Doncaster and Mexborough markets in 2019. MAM added VAT charges onto traders’ bills across the market earlier this year, while traders in the main market saw a rent increase of 10 per cent.
The recent rise in costs to traders at Doncaster Wool Market reflect a rising unit-price from suppliers. “Market Asset Management charges traders ‘at cost’ and we do not pass on any of the supplier’s ‘standing charges’. We would encourage any businesses with concerns to raise it with our teams and we will work with them to explain the situation. “We have been working closely with partners to undertake significant programme of work and regeneration at Doncaster.
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