What is has been carried out so far?
The Council carried out a survey and on its 10 street markets and received 700 responses from businesses, residents and traders in summer 2021. The results of the survey, plus other desk-based work have informed the Draft Markets Improvement Plan which was consulted upon in winter 2021.
Engagement and consultation on this piece of work has closed.
The Markets Improvement Plan 2022 - 2027 will be agreed by Cabinet in March 2022 and will run 2022 - 2027.
What is the Market Improvements Plan?
The Markets Improvement Plan will cover the borough’s market operations and help inform their future management with an individual action plan for each market. Alongside this there is an expanded focus on Whitechapel Market to support the Whitechapel Road Improvement Project (WRIP).
Why has Council launched the project now?
Tower Hamlets includes some of the most iconic and internationally renowned markets in London, but demographic changes, new developments, COVID-19, the rise of online shopping, and shifting consumer trends have accelerated changes affecting the way people use them.
How many markets are there in the Borough?
There are 10 street markets in the Borough that the Council has direct responsibility to manage, Petticoat Lane, Sclater Street, Brick Lane, Columbia Road, Bethnal Green, Whitechapel Road, Watney Street, Roman Road and Chrisp Street.
There are also operator-led markets (that takes place within a Council park) like Victoria Park, as well as numerous other privately run markets, including but not limited to Spitalfields and Truman Brewery.