London's newest discount fashion outlet unveiled

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London's newest discount fashion outlet unveiled

A luxury fashion outlet, hailed as the first of its kind in the inner city, has been unveiled in east London. 

Hackney Walk will see a number of high end brands move into railway arches just off Mare Street.

Each unit will offer items at a discounted price.

The new retail space opens in May and was partially funded by the Mayor's office which put forward £2 million. 

But there are concerns the scheme is another sign of the area's gentrification and could push up rent prices.

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