Page 23 - Market Times February 2014
P. 23

  Market Times • February 2014
NEWS
Ann Coffey receives special award
 ANN COFFEY MP, Chairman of the All-Party Parliamentary Markets Group, has been presented with an award for her outstanding contribution to the markets industry.
She is pictured receiving the
award from Councillor Kevan Wainwright, President of the National Association of British Market Authorities.
The presentation took place in the House of Commons at the annual meeting of the group.
 Free test trading offered
PENKRIDGE Market in Stafforshire has launched an initiative for new entrepreneurs and local businesses in the parish that gives them the chance to test trade free for one day.
The market, which attracts up to 5,000 people every trading day, draws people in from all around the region.
Market Manager Matt Williams said: “We realise that people visiting the market may not be aware of the businesses in Penkridge itself, so we really want to help local businesses promote themselves to a new audience and hopefully gain new customers.
“We know how tough it is for any business during this difficult economic climate, but especially for anyone starting up a business. So we really hope the free stall offer will help attract and create some new exciting businesses.”
Matt is offering local businesses a 10 foot pitch on the market on either a Wednesday or a Saturday. Each business can use the pitch for one day, per year, on a first come first served basis.
at Penkridge
The pitch can be used either to sell products or to simply promote the business by handing out leaflets, running a competition or raising money for charity.
Further information is available from Matt Williams on 01785 714221.
   Plastic banknotes on the way
Street market for Cannock
 THE Bank of England has announced that new polymer £5 and £10 notes are to be introduced.
The £5 note, featuring Winston Churchill, will be brought into circulation in 2016, and the £10 note with Jane Austen about a year later.
A bank spokesman said the decision had been made after “overwhelmingly positive results” to its public consultation programme.
“The bank has concluded that polymer notes are cleaner, more secure and more durable than paper notes,” the spokesman added.
“They will provide enhanced counterfeit resilience, and increase the quality of notes in circulation.”
Though the tiered approach to note sizes, with a different height and width for each denomination, will be retained, they will be about 15 per cent smaller than the current paper notes.
The new banknotes will be made of a thin, flexible plastic film that can be easily folded, and will be available as usual from ATMs.
Over 25 countries already issue polymer notes, including Australia, New Zealand, Mexico, Singapore, Canada and Fiji.
A NEW street market is being trialled in Cannock, Staffordshire with the aim of breathing new life into the ailing town centre.
The new market in Market Square and Market Hall Street every Friday has been introduced as a six month trial to attract new shoppers to Cannock.
Councillor Diane Todd, Portfolio Leader for Town Centre Regeneration for Cannock Chase Council, said: “It is hoped that the introduction of a well-run street market will add vibrancy and value to the town centre.”
She said the plan was to bring in attractions such as children’s rides, street entertainers and food promotions in holiday periods
to create a buzz around town. Councillor George Adamson, Leader of the Council, said: “We hope that by increasing footfall into the town centre, it will improve trading conditions for existing retailers and, if successful, attract new retailers and reduce the number of
vacant units.”
The market is being run by
Bescot Promotions, which runs markets in Halesowen and Wednesbury, as well as a popular Sunday market at Walsall Football Club.
The council will review the market with Bescot Promotions and other town centre stakeholders at the end of the six-month trial.
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