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

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

First aid drive at Westgate

Oxford Mail: Westgate Shopping Centre

6:40am Saturday 20th September 2014

St John Ambulance’s Save a Life September first aid drive is coming to the Westgate Shopping Centre today.

Drivers moving 'closed' signs to use rat-run

Oxford Mail: oxfordshire county council logo round

6:40am Saturday 20th September 2014

ROAD closed signs will have to be concreted into the ground around West Challow after drivers simply moved them out of the way.

Extra crews drafted in as cable sparks hold up at ‘hamburger’

Oxford Mail: oxfordshire county council logo round

6:30am Saturday 20th September 2014

MORE workers are to be brought in to combat delays caused by the discovery of a fragile electricity cable unearthed at Oxford’s Kennington roadworks.

Fundraisers travel culture club class to capital

Oxford Mail:

6:30am Saturday 20th September 2014

ABOUT 150 culture vultures from an Abingdon school set off on a bizarre nocturnal adventure last night.

Feathers fly as hawk dives in

Oxford Mail:

6:30am Saturday 20th September 2014

Karen Buttery says she couldn’t believe her eyes when she was nearly sent flying by a bird of prey in central Oxford.

Major diversions imminent as road repairs set to start

Oxford Mail:

6:00am Saturday 20th September 2014

PLANS to divert traffic around Headington will come into force in the next few weeks while London Road is resurfaced and upgraded.

 

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