Brixton: Local traders and residents want to buy the local market

Brixton: Local traders and residents want to buy the local market highlights a push by businesses and residents to keep Market Row and Brixton Village in community hands. Blue Blackley, who works in a bookshop, told BBC London that offers to buy the market could worsen Brixton by driving shop sales to commercial traders and undermining the area’s cultural identity. Local traders and residents launched a petition and fundraising campaign against what they describe as “private equity developers,” with bidding due to finish on Monday. The article says Hondo Enterprises and TPG Angelo Gordon bought the market in 2018 for £37.25m; organizers estimate it could now be worth £50m. Meera Ghanshamdas of Round Table Books said the campaign aims to acquire the market and sustain it, while MP Bell Ribeiro-Addy warned of higher rents and evictions. Others, including Kat Miles and Daniel O’Connell, echoed concerns about gentrification and argued the goal is to buy for the community.