Nottingham City Council are trying to close the Victoria Centre Market claiming the cost of running the market exceeds the revenue obtained from it. They claim that closing the market would save £39m over the remaining 50 years of the current lease agreement.  This is considered to be wildly over exaggerated and unsubstantiated.

The market is, and should be an asset to the people of, and city of Nottingham. The City Council have prevented new traders from obtaining leases and this is driving footfall down whilst we are trying to revive the city centre post COVID. The market is a lifeline to many people in the city centre and surrounding areas and with the cost of living squeeze is now more vital than ever.

The council have also dismissed the only proposals they have brought forward but are seeking views. You can link to their online consultation here.

We think that the market should be allowed to remain open, for new leases and lease renegotiation to commence and the council should ensure that the market remains open in its existing location so that it can continue to serve the city for at least the next 50 years. the only reason the market isn’t performing is that the council has banned any new trader joining the market and mismanaged it for some years. 

This petition is open to all, but Nottingham City business owners and residents are asked to petition the council directly here.