Monday, January 31, 2011

Plans to shut Sunday market put on hold

HANLEY'S Sunday market has been given a stay of execution.

Proposals were put before Stoke-on-Trent City Council to close the market, currently based in Hinde Street, in a bid to save �40,000.

Council officers have been searching for a partner from the private sector to create a similar facility elsewhere in the city.

However, no businesses so far approached have expressed an interest in taking over the loss-making market.

Now a plan has been formed to save it, after council officers undertook a thorough review and managed to identify savings of �23,000-a-year.

That has allowed the market to remain open, at least for now. But future consideration could still be given to closing the facility.

And with the council needing to identify �35.6 million in cuts by April of this year alone, indoor markets could also come under threat.

A report to the city council compiled by officers says: "The operation of the market has been reviewed and changes made to security, waste management and staffing resulting in additional savings which may return the market to a break-even position if patronage remains constant or can be increased.

"It is suggested that given the savings achieved the review process continues, rather than closure at this time, to enable the potential for relocation to be further explored."

The city currently boasts 80,000 square feet of market space for 435 traders with latest figures showing income is around �1.8 million



Source: http://rss.feedsportal.com/c/32715/f/503368/s/1247ae30/l/0L0Sthisisstaffordshire0O0Cnews0CPlans0Eshut0ESunday0Emarket0Ehold0Carticle0E31622270Edetail0Carticle0Bhtml/story01.htm

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