Victoria Centre Market traders say they have been left with more unanswered questions after being informed negotiations over the market’s future had fallen through. It will now remain open for at least a few months while work on a resolution continues.
Three senior officers from Nottingham City Council faced a wave of questions and emotion during an hour-long meeting at the market on Thursday evening (June 15). It is the first group meeting since the authority announced it was minded to terminate its lease on the market early due to unsustainable costs.
To do this the council had to negotiate an agreement with asset managers Global Mutual (GM), which took over from intu following its collapse in 2020, as well as with traders over compensation. However, after months of waiting, traders were informed these negotiations had fallen through and the market would remain open for now.
