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The Business Magazine July 2024
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Extra £1m proposed to futureproof Oxford’s historic Covered Market

The Business Magazine article image for: Extra £1m proposed to futureproof Oxford’s historic Covered Market
Oxford's Covered Market celebrated its 250th anniversary last year.
13 February 2025
Oxford's Covered Market celebrated its 250th anniversary last year.

Oxford Council has proposed allocating over £1 million of additional funding towards redevelopment of the city’s 250-year-old Covered Market.

Should the proposal pass at today’s (Thursday) full council meeting, it will bring the total project investment to almost £8 million, allowing for additional upgrades to futureproof the historic market while minimising long-term disruption.

That includes improved drainage, electrics and utilities; further improvements to lighting, signage and decoration; removal of redundant services and fittings to declutter the market; and infrastructure updates to support green technologies.

This on top of the core masterplan, which will bring a new public square and seating area, improved entrances on Market Street and High Street, reorganisation of the service yard and essential building maintenance.

With cabinet approval, detailed designs and planning applications will be submitted later this year ready for work to begin in late 2026.

The market will remain operational throughout, and the council has committed to engage with tenants and other stakeholders for feedback.

Cllr Alex Hollingsworth, cabinet member for business, culture and an inclusive economy, said: “Throughout its long history, Oxford’s Covered Market has gone through transformations to ensure its continued relevance and character.

“This additional funding will enable another of those historic milestones, shaping the market for future generations.

"By futureproofing infrastructure and embracing green technologies, we’re preserving its historic charm while creating a space that meets the needs of our community today and tomorrow.”


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Born and raised in Berkshire, Dan fell into journalism after completing his bachelor’s degree in English at UCL.

Writing for The Business Magazine and local Biz News sites has given him the opportunity to chat with all manner of small business owners and share their success stories with a wider audience.

Outside of work, Dan enjoys live music, board games and quiz shows, and is making a slow but persistent effort to learn Spanish.

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