The London Development Agency has allocated £250,000 to help stall holders affected by the recent fire at Camden Market, Mayor of London Ken Livingstone announced earlier today.
The funds will be distributed by Camden Council which is currently seeking a temporary alternative location for for traders. Camden Market Holdings, who own the land, has already pledged £500,000.
Announcing the funding package Mayor Livingstone said it was “vital that with this funding in place traders are quickly offered as much help as possible to get their businesses up and running.”
“I would like to thank everyone involved in working so hard to identify those businesses that cannot trade following the disastrous fire and that they continue to work closely together towards the successful recovery of the whole market which is such an important part of the capital’s cultural heritage.”
Today’s announcement has been welcomed by Camden Council. Council Leader Keith Moffitt described it as “great news for the traders affected and Camden Town as a whole. We have been working closely with all the agencies involved to make sure the kind of support we offer has a lasting and far-reaching benefit.”
“Now the money has been agreed, we can start making this happen. Four of the five markets are sill open for business so you can still come and enjoy everything that Camden Town has to offer.”
