Market traders said the proposals — which secured planning consent from the former Conservative regime at Hammersmith and Fulham council in April 2014 — did not provide adequate safeguards for their future. Orion has now agreed to hand over day-to-day control of Shepherd’s Bush Market to its joint venture partners, property regeneration company U+I. A spokesman for the company said it would enter talks with traders and the now Labour-run council about a new vision for the market. James Horada, chairman of the Shepherd’s Bush Market Tenants’ Association, said: “There’s been a lot of wrongs caused over the past two and a half years. We are now looking to this company U+I to right all those wrongs. “The proposals were to the detriment of the tenants, that’s the real crux of the matter. Hopefully sensible proposals can now be brought forward to help the existing businesses.” Ali Rehman, 19, who has worked on his fruit and veg stall for three years, said: “We are right at the front of the market so the fact that the plans have been dropped is massively beneficial for us. We are very happy. This stall has been here for a total of 40 years and we can now keep going.” Raj Rotak, 57, who has worked as a clothing trader in Shepherd’s Bush for 23 years, said: “I feel a lot better now I know it is not going ahead, all of us traders worked together for a long time — about four years — to make sure this didn’t happen. “Everyone will be so pleased that we won. My family and I will continue to trade here for as long as we can.”