Page last updated at 09:56 GMT, Monday, 1 June 2009 10:56 UK

Funding setback for fish market

Newlyn harbour
A new fish market is the key to the port's future say supporters

A £7m bid to completely rebuild one of the busiest fish markets in England has suffered a funding setback.

An application by the Newlyn Harbour Commissioners for £2.29m from the European Fisheries Fund has been rejected for a second time.

The Marine and Fisheries Agency (MFA), which manages the fund in the UK, said the business case for the new market building was "weak".

However, it said it would welcome another bid.

The plans include a new market hall, auction room and a meeting room, as well as electronic auctions so buyers can bid from outside Newlyn.

A heritage centre, industrial units and office and training space for the lifeboat, coastguards, harbourmaster and fishing industry will also be included as part of the project.

The MFA said: "The business case for this application remained weak, most notably because it centred on only one option for development - a complete new build. It did not examine any options for refurbishment of the existing buildings.

"However, the MFA will continue to work with all interested parties to get an application which can be supported."

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