this post was submitted on 28 Mar 2024
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Newham council has managed to find some funds from somewhere to enable them to take over the lease of the market village, although there is a break clause after a year so if it's loss-making they can walk away.

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[–] [email protected] 2 points 7 months ago (1 children)

This is terrific news for the local area.

[–] [email protected] 1 points 7 months ago

It is, I'm really pleased.

[–] [email protected] 1 points 7 months ago (1 children)

That seems like a very reasonable move by the council

[–] [email protected] 1 points 7 months ago

Yes - they couldn't take over the lease with normal council funds, but the market is popular and busy and employs a lot of people, this seems like a really good compromise which will get it trading again.