Leeds University and Markets 4 People study due soon

We are very fortunate to have the Leeds University / Markets for People research study that supports with facts and data all the aspects of the market championed by FoQM. This study comes out of the UK market sector’s interest in evidence for the social and cultural value of street markets.

The study should be required reading for council officers, councillors, contractors and anyone with decision-making powers over Queen’s Market.

https://trmcommunityvalue.leeds.ac.uk/wp-content/uploads/sites/ 36/2020/04/200420-Queens-Market-Presentation-Revised-v13.pdf

We agree 100% with the study’s overarching recommendations, as well as the detail:

  • Our research shows that Queen’s Market continues to deliver significant community value, despite its legacy of fragmented governance, lack of trust and insufficient investment in market infrastructure.
  • The council is taking action to resolve these issues but there needs to be a full recognition that any developments might impact on its existing community value and potentially put it at risk.
  • Queen’s Market is unique in delivering strong community value particularly for groups that otherwise might struggle. This should be seen as a strength and opportunity for Newham Council to build on in light of new policies for community wealth building, inclusive economic development and social value procurement. The Leeds team has also made valuable comments on THE VIABILITY AND CAPACITY STUDY – download and read more here:

See the Markets 4 People, University of Leeds initial finding here (scrolling PDF):