Deal in pipeline to end row over rent rise at Oxford's Covered Market

The Covered Market

The Covered Market

First published in News Oxford Mail: Photograph of the Author by , Reporter covering Rose Hill, Iffley and Littlemore. Please call me on (01865) 425422

An agreement could soon be struck to end the dispute over rent rises at Oxford’s Covered Market.

Oxford City Council said traders are expected to back a 16 per cent rise for all firms though it is not known if they will pay back-rent.

It would end a row which began in April 2012, when the council wanted most rents to go up, with some as high as 70 per cent.

Members of the Covered Market Traders’ Association will meet on Wednesday.

Spokesman Sandie Griffith said: “We have got to take the offer to our members and there is a chance we would accept it.”

The final rent rise would determine how much back-rent traders would pay from January 2012.

Council spokeswoman Chofamba Sithole said: “The Covered Market Traders’ Association has indicated a willingness to accept the council’s compromise offer of an across the board increase of 16 per cent and not to proceed to arbitration.

“There has been no final agreement, as the increase was due to operate from March 2012 and further discussions will be required on the actual operative data and the terms of payment of the consequential arrears in rent.”

Mary Clarkson, the councillor responsible for the market, said: “I think we have got the basis for an agreement now, without going to arbitration.

“I’m happy we can get together over the next week and haggle something out.

“It means we can get something settled much more quickly and move on with the other things we want to do in the market.

“The last two rent reviews have been appalling and nobody wants to be in this situation.”

Vicki Alder, of the market’s Macsamillion shoe shop, said of the plan: “Personally, I don’t particularly like it but I believe it’s a solution which will bring everything to an end quickly.

“It would show good faith from the council that they realise they cannot keep beating us with a stick and it would show faith from us that we can accept 16 per cent.”

  • Do you want alerts delivered straight to your phone via our WhatsApp service? Text NEWS or SPORT or NEWS AND SPORT, depending on which services you want, and your full name to 07767 417704. Save our number into your phone's contacts as Oxford Mail WhatsApp and ensure you have WhatsApp installed.

Send your Letter to the Editor: What do you think? We welcome letters from our readers on a wide variety of subjects and you can send us a letter for publication here

11:20am Monday 28th July 2014

What do you think? We welcome letters from our readers on a wide variety of subjects and you can send us a letter through the blue headline above.


Our top stories

Murder accused is kept in custody after stabbing victim found in car

Oxford Mail: Thames Valley Police logo

8:30am Monday 27th April 2015

A 34-YEAR-OLD will appear in court tomorrow accused of murdering the man found fatally wounded in a car in Barton.

Charity dance competition is strictly sensational

Oxford Mail:

8:30am Monday 27th April 2015

ALL the glitz and glamour of the ballroom was brought to Oxford’s New Theatre on Saturday as couples danced off in the Strictly Oxford competition.

Mum fights to have vital drug made available through NHS

Oxford Mail:

8:30am Monday 27th April 2015

A MUM whose husband and young son are fighting the same rare life-threatening disease is campaigning to gain access to vital medication on the NHS.

Footballers’ tribute to tragic Kyle

Oxford Mail:

8:30am Monday 27th April 2015

FRIENDS and family of tragic Kyle Byfield came together for a memorial football tournament in Banbury on Sunday.

Pensioner will fly village’s flag again 70 years on from VE Day

Oxford Mail:

8:00am Monday 27th April 2015

YOUNG Roy Hanson was given the task of flying the Union Jack on his village church tower on VE Day in 1945.

Volunteer group shuts due to lack of recruits

Oxford Mail:

7:30am Monday 27th April 2015

A COMMUNITY group which helped improve green spaces in the Blackbird Leys estate is closing after 18 months.

 

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree