Traders at one of London’s oldest markets are blaming the gentrification of their neighbourhood for a massive fall in customers.
Businesses in East Street market in Southwark, which has been open since 1880, claim they have lost up to 80 per cent of their trade.
They point to the redevelopment of the Heygate estate in Elephant and Castle and the Aylesbury Estate in Walworth, which will rehouse a combined total of 10,500 people. Graham Cooper, 63, who sells greeting cards at East Street and is chair of the Southwark Association of Street Traders, said that in the past 12 years, the number of stalls had been reduced from 850 to 130.
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