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Street market to hit budget

13:00 25 January 2013

Honiton’s street market holds its own despite adverse weather.

Honiton Street Market has held its own despite the adverse weather and will come in on budget, the town council has been assured.

Councillor Les Bayliss told a meeting last week that the market had generated £500 less revenue than the previous year.

He said: “The budget, so far, for the market is running £500 down compared to the same period last year which may be due to the adverse rain.

“This is a relatively small figure in terms of the budget itself and it is expected that we will still meet the budget by April.”

He told the meeting that there was still £5,000 in the reserves.

The Street Market Company recently held its inaugural meeting during which market manager Tony McCollum said that the market has continued to hold its own during these difficult times.

He said he had held back on spending money on repairs, maintenance, health and safety equipment and proposals of other purchases to improve the market to ensure it came in on budget.

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