Latest update October 14th, 2019 7:27 AM
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Covered Market rents were ‘miscalculated’
An arbitration report on rents at the market contained errors, the council said
New rents for shops in a historic market cannot be applied to all traders because of an “error in calculations”, a city authority has said.
Instead Oxford City Council has suggested a rise for the Covered Market nearly three times higher than that set by an independent arbitrator.
Campaigners hoped his decision for five shops could be applied to all.
But rises of between 16% and 27% were mistakenly reduced to between 3% and 12%, the council said.
The five units concerned were not members of the Covered Market Traders Association.
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