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Leeds Kirkgate Market traders’ rent cuts ‘unlikely’
May 12, 2012 Yorkshire evening post By David Marsh
A report to be considered next week by the council’s executive board recommends that there be no cuts to rents.
Calls for rent reductions to help Leeds market traders battling against the recession look likely to be rejected by senior councillors.
But they are expected to agree up to £100,000 can be spent on measures to increase the number of people visiting Kirkgate indoor market.
Members of the council’s regeneration scrutiny board – a watchdog body – urged the council to consider rent reductions for a period after they visited the market.
With about one-fifth of stalls vacant, traders told the board rent reductions were needed to attract new businesses and help existing ones survive.
A report to be considered next week by the council’s executive board recommends that there be no cuts to rents.
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