London Markets Board launches at Borough Market

Categories: News and previews

A board of experts has been set up by the Mayor to support the growth of the capital’s markets

Borough Market’s managing director, Darren Henaghan, has been appointed to the newly formed London Markets Board. Created by the Mayor of London, Sadiq Khan, and officially launched on 20th December in Borough Market’s Three Crown Square, the board brings together experts from across the industry, who have been tasked with helping the capital’s markets to grow and thrive.

In recent years, markets have become an increasingly prominent part of London’s landscape. In 2010 there were 162 markets—today there are 280. The London Markets Board, which includes representatives from several of these markets—large and small, old and new—will seek to find ways of sustaining this growth and using it to promote the regeneration of high streets and town centres.

“Markets have played a vital role in London’s social and economic life for centuries, and they continue to be hugely important to the fabric of the city,” said Darren Henaghan. “Right now, London is home to some of the most vibrant street markets in the world, but we can all do more to benefit the diverse communities that we serve. Thankfully, the communal nature of markets means that collaboration is something that comes naturally to us.”

Values, knowledge, understanding
He added: “At Borough Market, we are always happy to share our values, knowledge and understanding with others, while seeking every possible opportunity to listen and learn. We hope that the London Markets Board will offer a platform for us to contribute to the preservation and sustained success of these markets, upon which so many people depend.”  

To coincide with the launch of the board, the Mayor has also published a major report, Understanding London’s Markets, which examines the social and economic value of markets in London.