News Formal

Smithfield Meat Market and Billingsgate Fish Market to Close After 800 Years

  • 📰 DailyMailUK
  • ⏱ Reading Time:
  • 4 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 90%

News / Business Nouvelles

Smithfield Meat Market,Billingsgate Fish Market,City Of London Corporation

The City of London Corporation has decided to end the operations of Smithfield meat market and Billingsgate fish market, both of which have operated for over 800 years. The corporation has opted for financial compensation to traders and a formal end to its interest in relocating the markets.

A famous meat market, Smithfield, and Billingsgate fish market in London will close after more than 800 years of trading. The City of London Corporation has voted to cease operations at both sites, citing increased construction and inflation costs as reasons for not proceeding with a previously planned relocation to a new £1 billion development in Dagenham. Compensation worth more than £300 million will be provided to traders, allowing them to continue their operations until at least 2028.

Smithfield is believed to be the oldest market in the world

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 7. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

London’s Smithfield Market at risk of closure after more than 800 yearsThe City of London Corporation has shelved relocation proposals for Smithfield and Billingsgate fish market.
La source: LBC - 🏆 17. / 74 Lire la suite »

Smithfield: Historic meat market to close after more than 800 years trading in LondonThere has been a meat market on the site for more than eight centuries, but after 2028 that is set to change after a corporation vote put an end to its ownership.
La source: SkyNews - 🏆 35. / 67 Lire la suite »

Iconic London market set to close after nearly 800 yearsThe City of London Corporation previously planned to relocate it and Billingsgate fish market to a new £1billion development in Dagenham.
La source: MetroUK - 🏆 13. / 82 Lire la suite »

London's Oldest Meat Market Faces Closure After Crucial VoteLondon's oldest meat market, Smithfield, could close permanently following a critical vote today. The City Corporation plans to relocate Smithfield and Billingsgate fish market to Dagenham, but due to cost overruns, the recommendation is now to shut down Smithfield and compensate traders with potential payments exceeding £300 million.
La source: LBCNews - 🏆 75. / 59 Lire la suite »

City of London votes to close Smithfield meat marketPlans to move trading halls to a new, modern facility in Dagenham were shelved earlier this month
La source: ftenergy - 🏆 47. / 63 Lire la suite »