Page 42 - MarketTimesJune2014
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Market Times • June 2014
Subscriptions pegged and costs cut to the bone
 SUBSCRIPTIONS have been pegged for a second successive year and costs have been cut to the bone, the 115th Annual General Meeting of the National Market Traders Federation was told.
Joe Harrison, Chief Executive of the National Market Traders Federation, told the AGM, held at Stratford-upon-Avon, that the long drawn out recovery was continuing to take its toll on small businesses and the federation had to do all it could to help traders in difficult times.
The federation’s membership dropped last year by 1,874, which was putting a strain on the
organisation’s finances, he said. Using a print broker had cut costs and switching to a different insurance broker for liabilities cover had cut £60,000 off the initial
quote from the original broker.
A restructure of the federation, putting more resources into field staff and cutting two senior posts at head office, had also saved money,
he said.
Despite the hard times, Joe said
the federation had forged ahead with successful projects aimed at improving the lot of market traders.
First Pitch, the project that aims to recruit new blood into the industry and is supported by funding from
the Royal Bank of Scotland, had grown.
A partnership with Start Up Loans UK, offering loans to people who had been trading for up to 12 months, had got off to a flying start, he said.
The first National Youth Market held in Manchester had worked well despite the poor weather.
The federation was continuing to lobby on behalf of market traders through the All Party Parliamentary Markets Group and the Genesis Initiative. Promotional events such as Making Markets Matter and the roadshows were well received. And a redesign of the website had also
Joe Harrison Chief Executive
prompted positive feedback.
Joe said: “There is, and I believe will always be, an even greater need for our organisation through
the difficult times.”
A complete version of the
Chief Executive’s report to the AGM can be downloaded at
 NMTF members seeking election must attend AGM
Motion 1
Stockport branch
That members who have accepted nomination to be an electee on the Executive Board must attend in person at the federation’s Annual General Meeting of the Council at which they are standing for election, unless reason is given for absence and has been accepted by the President at his or her discretion.
CARRIED with one vote against.
Drumming up membership
of the NMTF and boosting
EVERY effort should be made to encourage members to join branches, according to Executive Board Member Paddy Lynn (Belfast), who spoke on the topic of boosting branches and membership of the federation.
Paddy said that Belfast branch had won the trophy for growing its branch for two years in succession, but recently membership of the branch had fallen, although the number of traders on St George’s Market was high.
He said that the branch conducted
A MOTION that NMTF members nominated for election should attend the AGM at which the vote takes place was carried.
Proposing the motion on behalf of Stockport branch, Executive Board Member John O’Mara said the issue arose from the 2013 AGM when a number of those seeking election to the Executive Board did not attend.
John said: “The federation is run very professionally and our branch is run professionally by people who show great commitment.
“The Executive Board needs members who show commitment. We felt that people seeking election should have the commitment to turn up.”
Seconding the motion, Executive Board Member Noreen Needham (Chester) said: “This is very, very important. We need committed people for the Executive Board, and positive people.”
Speaking in support, Chris Smith (Headquarters) said: “The commitment should be there. People need to stand up and be counted.”
 its own survey and discovered that some new members were in the Headquarters branch, which never meets, rather than Belfast branch.
Paddy said: “Ours is an active branch working hard to get an increase in footfall. Where there is a branch that is active on the ground, working for the good of the market, new members should be encouraged to join their local branch.”
Executive Board Member Mostafa Rezvani (Stockport) said: “It would be better if the head office directs new members to their local branch.”
ISABELLE ROSENBERG, a music student at Birmingham Conservatoire, has been awarded this year’s NMTF Harry Cross Student Grant, awarded each year to the son or daughter of a market trader in memory of the much- loved market character.
The grant is intended to pay for study aids, and usually goes towards academic books. But Isabelle, whose father, Alastair, sells rugs on Bridgend indoor market, plans to put the money towards a new bassoon.
Isabelle said: “Since I was introduced to the recorder at aged eight, music has been the main
passion of my life.”
She took up the bassoon at the
age of 14, and studied for three years at the Junior College of the Royal Welsh College of Music and Drama, which involved lessons with the Welsh National Opera and the BBC Orchestra of Wales.
She has been a member of the National Youth Wind Orchestra of Wales, and has played music for a silent film, as well as playing in shows including Oklahoma and The King and I.
Isabelle said: “I will use the grant to purchase a new bassoon, which will improve my chances of getting on a postgraduate course.”
Music student Isabelle scoops NMTF’s Harry Cross grant

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