TRADERS say Oxford’s Covered Market is facing the most critical battle in its 200-year history as it fights for survival.
Talks with Oxford City Council aimed at finding a compromise on rent rises have collapsed.
The issue will now be dealt with by an independent arbitrator.
The council, which runs the market, is proposing putting up the majority of tenants’ rents, some by as much as 70 per cent.
It announced the increase last year and negotiations have been taking place since then.
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