OXFORD’S Covered Market looks to have been hit by months’ more uncertainty after a deal could not be reached over rents.
It means an independent arbitrator will now be appointed to decide how much the historic market’s traders should pay.
In March, Oxford City Council was accused of going back on its word after refusing to pass on a rise, recommended by an arbitrator for five test case units, to the rest of the market.
The council said there was a mistake in the arbitrator’s calculations, meaning it could not pass on the proposed rent increase of 7.3 per cent.
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