Smithfield: Historic meat market to close after more than 800 years trading in London

London's Smithfield meat market is set to close after more than 800 years, with trading expected to cease for good after 2028. The City of London Corporation, which runs the site, said on Tuesday its council voted to stop operating Smithfield and Billingsgate fish market. The original plan had been to relocate the markets to a £1bn development in Dagenham, but a sharp rise in construction costs and wider inflation forced a rethink.

'By stepping back from direct market operations, we will help to create opportunities for these businesses to thrive independently,' he said. 'We're committed to making sure they have the financial support and guidance they need to transition seamlessly and successfully to new locations.' A market has existed around the Smithfield site for more than 800 years, with the corporation given the right to run it and other wholesale food markets in 1327.

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