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 Notizia

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

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 7. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

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.
Fonte: LBC - 🏆 17. / 74 Leggi di più »

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.
Fonte: SkyNews - 🏆 35. / 67 Leggi di più »

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.
Fonte: MetroUK - 🏆 13. / 82 Leggi di più »

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.
Fonte: LBCNews - 🏆 75. / 59 Leggi di più »

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
Fonte: ftenergy - 🏆 47. / 63 Leggi di più »