Hertsmere Executive Group announced its plans to close the market at the end of August 2022, when the current contract expires.
It was a unanimous decision at our Executive meeting earlier this week (Wednesday 8 June).
The market, which takes place every Tuesday and Saturday along Borehamwood High Street, has seen a significant reduction in demand, footfall and changes with online shopping habits which has resulted in a reduction of stalls and breadth of services.
Currently, Borehamwood market has between four and six traders operating, and has seen a steady decline in stallholders and visitors.
Hertsmere Labor who contested the decision say “Labour’s position is to genuinely invest in a renewal of Borehamwood Street Market as part of our plans for post-COVID economic growth & regeneration of our high streets. Labour is for growth, investment and prosperity. Tories are out of ideas”
To watch the Executive meeting, please go to the ‘meetings and elections’ section on our website: www.hertsmere.gov.uk.