Smithfield market could soon be gone for good A historic meat market in the heart of London is at risk of shutting down for good. The City of London Corporation, which runs Smithfield meat market, previously planned to relocate it and Billingsgate fish market to a new £1billion development in Dagenham. While those relocation plans were put on hold earlier this month, the corporation is holding a private vote this afternoon on whether to stop running the markets.
The corporation says it plans to offer meat traders at the market a ‘significant’ compensation deal, with some reports suggesting that deal could be worth more than £300million. Smithfield meat market pictured in 1960 The market is still popular today There’s been a market at Smithfield for more than 800 years, with the corporation given the right to run the meat market and other wholesale food markets back in 1327.
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