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March 6, 2008

Funding for Camden Fire Victims

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Help is on the way for those affected by the fire in Camden Market. Thus far, £750,000 has been allocated to help rebuild the charred Canal Market. This is great news for the 90 market stalls, six shops, and the Hawley Arms, which were all damaged in the canal-side inferno.

The London Development Agency has set aside £250,000 in a recovery fund for business grants and promtion to get tourist traffic back to Camden Town (although if you've been on the High Street lately, you won't have noticed much of a decrease in foot traffic). Additionally, Camden Market Holdings, who own the markets of the area, have agree to donate two pounds for every pound given by LDA, which, doing the math, comes to another £500,000.

No one was hurt during the February fire, but the ply wood on the street serves as a fresh injury with each passing day.

Photo of boarded up Canal Market from Ben Scicluna's Flickrstream

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