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London's Historic Meat and Fish Markets to Close by 2028 Amid Financial Concerns

1 day ago

London's Historic Meat and Fish Markets to Close by 2028 Amid Financial Concerns
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7 Highlights

  • Smithfield and Billingsgate markets to close by 2028 due to financial issues.
  • Smithfield Market, operational since 1133, closes affecting its traders and heritage.
    • Billingsgate Market, UK's largest inland fish market, closing shocks traders.
    • Relocation to Dagenham scrapped due to costs over £1 billion.
    • Traders to receive £300 million compensation from City of London Corporation.
    • Future site plans include cultural and commercial developments and a new London Museum.
    • Closure seen as chance for sustainable growth by Chris Hayward.
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