Latest update October 14th, 2019 7:27 AM
May 26, 2012 Peter Rabbit Market News Comments Off on Folkestone market ‘dying’ as higher rates put off traders
May, 27 2012 Folkestone Herald
FOLKESTONE market is “on its knees” after the number of stalls slumped to as low as eight earlier this month, a third of the number that occupied town centre slots 12 months ago.
Stallholders branded Shepway District Council “money-obsessed” last April when it hiked rates by an inflation-busting 33 per cent.
At the time there were an average of 21 stalls on Thursdays and Saturdays, but traders said that on one day this month there were just eight, while the number stood at 12 last Thursday.
One stallholder told the Herald that the market was dying due to the combination of the higher rates and a tough economic climate, and said he was considering joining the exodus.
The man, who asked not to be named for fear of recrimination, said: “We only had eight, if that, on one day recently, which is really sad.
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