Street markets

Meeting: 
MQT on 2014-12-17
Session date: 
December 17, 2014
Reference: 
2014/5145
Question By: 
Gareth Bacon
Organisation: 
GLA Conservatives
Asked Of: 
The Mayor
Category: 

Question

The Mayor has no doubt seen my latest report that suggests that 1 in 5 council-run markets will close within 18 years. Does he agree with us that London's markets are an extremely valuable asset to Londoners that should be protected?

Supplementary Questions: 

Answer

Answer for Street markets

Answer for Street markets

Answered By: 
The Mayor

Boris Johnson (Mayor of London):  Gareth, I thank you very much for your recent report on street markets.  They are vital for London.  We are committed to supporting them in all sorts of ways.  As you know, the Outer London Fund does all sorts of investment in street markets in outer London.  It is supporting the Chrisp Street Market in Tower Hamlets and the Deptford Market in Lewisham where we are trying to make it more accessible.  I remember going to the Wood Street Indoor Market in Walthamstow.  The Kingston Ancient Market Place, Tony [Tony Arbour AM], you gave some sort of makeover to.  We are supporting street markets in all sorts of ways. 

 

Actually, I know that they are under threat but I saw some interesting figures.  The number of street markets, counterintuitively, is going up.  The number of markets identified in the nine central London authority areas covered by the Sustainable Urban Markets Project has increased from 71 in 2008 to 97 in 2014.  That is an uplift of more than a third.  That surprises me, I have to say.  It shows that street markets remain vibrant in our city and long may they do so.

 

Gareth Bacon AM:  Yes, the figures that you have quoted, Mr Mayor, relate to private street markets, which I would agree with.  It is a good thing.  Local authority street markets are under greater threat, though, for a whole range of reasons that I do not really have time to go into now.