New Covent Garden Market

Marsha De Cordova Excerpts

Tuesday 2nd July 2019 Westminster Hall

[Chris Heaton-Harris]

I am sure the tenants would be delighted to have such an opportunity, but there would obviously have to be some sort of procurement process. That is not a possibility or a probability at this time because there are already contacts signed for the redevelopment of the market. It is a very good piece of real estate in London, where fantastic businesses are sited.

The market’s moves over the years have been driven by congestion more than almost anything else. On each occasion, the market’s success has meant that it needs more space. Ultimately, it moved to its current site because of the lack of space and because of the congestion in the area in the 1960s. Its redevelopment will mean that, for the first time in its 800-year history, in a growing market environment, its size will be reduced substantially.

[Marsha De Cordova (Battersea) (Lab)]

I congratulate the hon. Gentleman on securing this important debate. I was not aware that he was a former tenant of the New Covent Garden Market. It is great that there is somebody here who has extensive knowledge and experience of this issue. He makes a really interesting point. New Covent Garden Market plays a huge role in my constituency of Battersea: it brings economic advantages to the local area and employs 2,000 people. Given that it has been growing and the income it generates has been increasing, does he agree that a new development that reduces its size is going backwards? It will not allow the market to thrive and go forward.

--- Later in debate ---

[The Parliamentary Under-Secretary of State for Environment, Food and Rural Affairs (David Rutley)]

It is an honour to serve under your chairmanship, Mr Hollobone. I congratulate my hon. Friend the Member for Daventry (Chris Heaton-Harris) on securing the debate. I know him well; we have discussed the matter on several occasions, and I could not think of a better person to bring the debate to the Chamber today. I note that the local MP, the hon. Member for Battersea (Marsha De Cordova), is also here and understandably shares many of the same concerns, but I think it is fair to say that, given my hon. Friend’s time spent working at the market, his knowledge and experience are second to none here, so we are delighted that he is with us. It must have been a real privilege for him to follow in his family’s footsteps and run that business so successfully for that period of time.

My hon. Friend can be reassured that the Government are committed to ensuring that this iconic market continues to thrive at Nine Elms, both during the development and into the future. We are in absolute agreement that that means it must be a profitable market that works logistically and operates fairly and transparently for both landlord and tenants, and that we need to get on and build it at pace. I am as concerned as he is about the current situation. It is simply untenable for the market authority and the tenants to be in disagreement on such important details. I am clear that both sides should be spending whatever time it takes to resolve these issues, and quickly.

[Marsha De Cordova]

The Minister is absolutely right that the matter needs to be resolved and that we cannot continue like this. The hon. Member for Daventry (Chris Heaton-Harris) has already asked this, but I want to ask it again: will the Minister commit to meeting tenants and the market authority, and any other relevant persons who need to be around the table, to begin to move things forward? I know that he has already had meetings, but we need to get something nailed down to ensure that we can begin to resolve this. As he rightly points out, we must get the market to a place where it is fit for purpose, but that has to be done right.