Derry City and Strabane District Council is to scrap the Walled City Market claiming it is as a result of “unprecedented financial challenges”.
Around 30 traders display their wares at the The Walled City Market on the first Saturday of each month.
But DCSDC says it can no longer fund the market because of budget pressures.
The last Walled City Market will take place on Saturday, April 1, 2023.
Local trader Kerona Hasson told BBC Radio Foyle’s Mark Patterson show: “To say traders are disappointed is an understatement”.
She runs Doganic Barkery which specialises in making organic dog treats but she has no online presence or a retail outlet.
Said Ms Hasson: “The market is a great outlet for my business
“It is the second biggest city in Northern Ireland, having a local market is very important. It is extremely disappointing for all the traders.
“We are extremely annoyed,” she added.
A council spokesperson said the local authority is facing “unprecedented financial challenges”.
It has taken “the decision to implement several budgetary savings and efficiencies across a number of services which included the withdrawal of the Markets Development Programme for 2023-2024 from April 2023”.
The council announced last month that the local household rate in the region would increase by 7.97%.
It also announced to make massive cutbacks of over £3.5 million due to financial pressures.Tags: