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City's market hall reopens after £35m refurbishment
City's market hall reopens after £35m refurbishment

Yahoo

time24-05-2025

  • Business
  • Yahoo

City's market hall reopens after £35m refurbishment

Shoppers have been welcomed back into Derby's Market Hall after a £35m refurbishment. The Grade II listed indoor market was closed for three years while the work took place and reopened at 11:00 BST on Saturday. Council leader Nadine Peatfield cut the ribbon to the entrance at the official grand opening as range of traditional and contemporary traders were poised to serve a large crowd of eager customers. It is expected the revamp will bring an estimated boost of £3.5m to the city economy by attracting more people into Derby. Peatfield previously said the market hall would "once again be Derby's beating heart". Shoppers were treated to free tote bags as they were welcomed into the venue. Follow BBC Derby on Facebook, on X, or on Instagram. Send your story ideas to eastmidsnews@ or via WhatsApp on 0808 100 2210. Derby Market Hall reopening - what you need to know First look inside market hall after £35m revamp Derby City Council

Distillery and food outlets to join new Derby Market Hall
Distillery and food outlets to join new Derby Market Hall

BBC News

time02-05-2025

  • Business
  • BBC News

Distillery and food outlets to join new Derby Market Hall

A distillery is set to open in a revamped £35m indoor market in city council has announced the final wave of traders who have agreed to move their business to Derby Market Hall in Tenant Street, which will open later this Grade II-listed market has been closed for three years while work has taken City Council leader Nadine Peatfield said the new traders will make the market the "beating heart" of the city. The council said award-winning winery, distillers, and bar operators Darley Abbey Wines will open two Spirit Run will be the first distillery bar in Derby city centre, producing small-batch local authority also announced more food businesses will open on 24 May. They include a Venezuelan and Caribbean outlet, a specialist dessert trader, a stall offering Indian tandoori cuisine and a business serving both African and French dishes. 'Huge success' Peatfield said: "The new traders each bring something unique and special to Derby and the historic market hall."We are bringing together the best of the region's independent shopping, eating, drinking, and entertainment, and with only a few weeks to go, I'm excited for the reopening and for visitors from across the region and beyond to experience everything that our traders have to offer."The market hall will once again be Derby's beating heart where people choose to come together to shop, eat, and enjoy the buzz of the city. "I am certain that it will be a huge success."

Maximum council tax hike rejected by Derby councillors
Maximum council tax hike rejected by Derby councillors

BBC News

time27-02-2025

  • Politics
  • BBC News

Maximum council tax hike rejected by Derby councillors

Derby City Council leaders were forced to abandon plans to raise council tax by the maximum amount permitted after the plans were blocked by opposition councillors at a meeting on Wednesday Labour-led minority council had proposed a council tax rise of 4.99% as part of its budget plans for the upcoming year, which also include £10m worth of cuts to the Conservatives and Reform labelled the rise "crippling", and grouped together with Liberal Democrat and Independent councillors to force a lesser rise of 3.99% also imposed an additional £1m for spending on parks, a move Labour criticised as "preposterous". The council is facing emerging pressures on its finances amounting to almost £40m in the next at the end of the roughly five-and-a-half-hour meeting, much of which was spent in deadlock over the plans, the Labour leader of the council Nadine Peatfield called the changes "irresponsible" and said it would lead to further service cuts in next year's estimated cost of the reduced council tax will mean the authority will have over £2m less to spend in the immediate reduction amounts to an annual reduction of about £1.3m going forward on current plans, which will be funded by less money than planned being invested into depleted Peatfield said a maximum hike of 4.99% would have marked "an era of recovery" in the finances whilst also protecting the most vulnerable. 'Upset and angry' The Labour leadership lost a council vote on their original budget plans by one vote, at 23 votes for and 24 Conservatives eventually forced the changes to the budget with the new tax increase and parks investment, which was voted through on 25 to 23 claims that the government had given the authority an extra almost £23m to spend across the council proved a major sticking point of the meeting, with opposition councillors accusing the party of "misleading" the public with claims it represented new money. Nadine Peatfield told the meeting: "You were presented tonight with a responsible budget that set us back on a responsible financial footing, that's gone." She later told the BBC after the meeting she was "upset" and "so angry"."This neglect to protect our that resilience we creep closer and closer to the danger zone," she said."A reduction in council tax also priorities are reduced in terms of improvements to services."Peatfield said that although she recognised the public would be pleased not to see a maximum tax hike, the consequences are that the council "can't deliver the things that [the public] want us to deliver". Steve Hassall, the leader of Derby Conservatives told the BBC it was "absolute nonsense" the change would hurt the council's finances going said he wanted to prevent a maximum tax rise to lessen the impact on struggling families, whose taxes he said were already going up under cited the winter fuel allowance cut for most pensioners and the national insurance hike for employers as examples."My amendment this evening was to address in a small way the negative impact the Labour government are inflicting on the public, particularly pensioners."We're relieving the pressure, albeit very very slightly." The budget includes roughly 100 job cuts, a move expected to save the authority £4m. A significant portion of the budget cuts will be in adult and children's services, which forms the bulk of the council's financial is expected a review of home-to-school transport contracts and further work to identify where artificial intelligence can be deployed in adult care will inform further cuts in the near the cuts, a number of areas will see investment, including one-off grant funding for museums and other culture sites, plus investment in grass cutting, a service that had faced hundreds of complaints in the past year.

Derby: £35m flood defence package confirmed for city
Derby: £35m flood defence package confirmed for city

BBC News

time05-02-2025

  • Business
  • BBC News

Derby: £35m flood defence package confirmed for city

The next phase of a flood defence programme in Derby will finally come to fruition after millions of pounds worth of funding was Environment Agency has confirmed £35m will be given towards the Our City Our River (OCOR) scheme which includes work to demolish office blocks in the city centre along the River Derwent to turn it into green area will be used as both a park and a natural flood defence should water burst its banks during a City Council leader Nadine Peatfield told the BBC the money will protect homes and businesses as well as regenerating part of the city centre. Property flood resilience schemes across Derbyshire, Leicestershire and Nottinghamshire, will also receive £2.5m, the Environment Agency £35m funding focuses on the opposite side of the river from the side which formed phase one of the flood defence included work in front of the council offices and the city's crown court. Phase two will involve the demolition of the riverside office blocks in Stuart Street to create a new green area, designed for flood water to go around Exeter Bridge and help lower river levels through the city by making space for water. Council documents describe Derby as having a long history of flooding with records dating back to records from 1931, 1932 and 1965 show extensive flooding of varying extents to Darley Abbey Mills and the centre of Derby. The existing flood defences were constructed following the 1965 flood and run along the left bank of the River Derwent throughout Derby. In the flood event in 2000, the existing defences were close to river burst its banks in 2023 and caused widespread flooding along the eastern bank of the Derwent following Storm Babet. Peatfield said: "It's absolutely brilliant news for Derby we've been waiting a long time to move onto phase two [of the project]. "It finally gives us the green light to not only protect the city from the dangers of flooding but to use this opportunity to regenerate that part of the city as well. "The plans have been there for a long time - we've known what we've needed to do but these things are all about funding. "Flooding used to be a one-in-100 event and now it's happening every couple of years - this is the reality of climate change and we've got to be resilient and ready to tackle it."Environment Agency chair Alan Lovell added: "With this new funding, we will work closely with the government to deliver the vital projects that are needed across the country, ensuring our investment goes to those communities who need it the most."

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