Market rent hike paused

Rent hike for St Nick’s Market paused after traders warn they would go bust

Transcript

00:00Plans to hike the rent for traders at St Nick's Market have been paused after traders warned they would go bust.

00:08Bristol City Council was proposing to increase the fees to trade at the popular city centre market,

00:14but this attracted fierce opposition from traders and the public.

00:20Thousands petitioned the council to scrap the proposed fee hike,

00:24which threatened the survival of many small independent businesses

00:28and could lead to the collapse of our unique and historic market.

00:33Some traders would have seen their rents more than double.

00:37The petition was signed by 5,820 people, including 3,435 Bristol residents.