Do Smithfield and Billingsgate traders agree on plans to move to new locations?

Yes, the majority of traders at both Smithfield (meat) and Billingsgate (fish) markets have agreed on plans to move to a new, combined site in London's Royal Docks (Albert Island) by roughly 2028, with the City of London Corporation confirming this will secure 100% of trade. The traders agreed to the move, acknowledging that their current, historic locations are no longer fit for purpose, and will receive a compensation package to support the relocation, notes the London Evening Standard.

Have Smithfield and Billingsgate traders agree on plans to move to new locations?

Most traders from both markets have agreed to move together to a new site, although the current markets will stay open until at least 2028, the City of London Corporation said. It added that it had signed an agreement with the Greater London Authority to work on the proposals.

Where will Smithfield meat market move to?

On December 3, 2025, Albert Island at the Royal Docks was announced as the new preferred site to co-locate Smithfield and Billingsgate Markets. These markets will become known as New Smithfield and New Billingsgate Markets.

What is the future of the Smithfield Market?

The markets will continue at Smithfield and Billingsgate until at least 2028, giving time for Traders to plan and smoothly transition to new sites, subject to the Bill being passed. The markets will be known as New Billingsgate and New Smithfield respectively once they relocate.

Is the Smithfield Market still going?

Smithfield meat market, near St Paul's Cathedral, and Billingsgate fish market in Canary Wharf are to be closed after the City of London Corporation voted to withdraw support for them. The Corporation said it would now work with traders to help them find alternative premises.

Historic London Markets To Close: Smithfield & Billingsgate Could Shut After Centuries Of Trading

Is Billingsgate and Smithfield closing?

The corporation announced the permanent closure of London's historic Smithfield meat market and Billingsgate fish market in late 2024, when it pulled the plug on a planned £1bn relocation to a new sitein the east of the capital at Dagenham.

Did Smithfield get bought out?

Smithfield Foods, Inc. Joseph W. Luter, Sr. Joseph W. Luter, Jr. Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion.

Where are Londoners moving to in 2025?

In 2025, 68% of London leavers stayed in the South of England (South East, South West or East of England) – the highest proportion since 2021 and up from 62% in 2024. This marks a reversal of the pandemic and then affordability-led trend that pushed buyers further into the Midlands and North.

How much does the CEO of Smithfield Foods make?

SEC filings show Smithfield Foods CEO made $14.9 million in 2024.

Can the public buy at Smithfield Market?

Yes, absolutely! Anyone can shop at London's historic Smithfield Market (and Manchester's New Smithfield Market), not just trade buyers like restaurants and butchers, but the general public can buy meat, poultry, fish, and produce, often at better prices, though you'll usually need to buy in bulk and be prepared for an early start. 

Who is the largest shareholder of Smithfield Foods?

As of April 2025, WH Group, a publicly listed entity on the Hong Kong Stock Exchange (HKEX: 0288.HK), maintains substantial control over Smithfield Foods. WH Group beneficially owns nearly 93% of Smithfield Foods' outstanding shares, solidifying its position as the primary Smithfield Foods owner.

Is Kirkgate Market closing down?

Yes, Bradford's historic Kirkgate Market (and the adjacent Oastler Market) closed permanently on June 28, 2025, to be replaced by the new, modern Darley Street Market, with demolition of the old market planned for new housing as part of a city regeneration project. Traders have moved to the new facility, and while many are sad to see the old market go, they are optimistic about the future in the new space. 

When did the Billingsgate Market move?

Billingsgate has been an integral part of London's economy. But it's also home to a rich working culture, be it porters and their 'bobbin hats', or the distinctly sweary way of speaking. The market moved to its current spot near Canary Wharf in east London in 1982.

Where will Billingsgate move to?

After almost eight centuries at the heart of life in the capital and a period where their future lay in doubt, the historic Smithfield and Billingsgate markets are to get a new home on a former industrial site in east London.

Who bought Nathan's hot dogs?

Under the terms of the definitive merger agreement, Smithfield Foods will acquire all of Nathan's Famous' issued and outstanding shares of its common stock for $102.00 per share in an all cash transaction.

Where has Smithfield meat market moved to?

The City of London Corporation, which currently operates the markets, has announced a new site in the Royal Docks where the two facilities could trade alongside one another. The location, at the extreme eastern end of the docks, is known as Albert Island, and has already been earmarked for regeneration.

What is Vicki Hollub's salary?

Vicki Hollub made $17,735,019 in total compensation as Director, President and Chief Executive Officer at Occidental Petroleum Corp in 2023.

Did Smithfield Foods CEO say it won't close more US pork plants?

Jan 28 (Reuters) - Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group (0288.HK) , opens new tab.

What is the Smithfield Foods bonus?

Smithfield Foods, Inc. has announced it will provide a $100 million Responsibility Bonus to all its hourly production and distribution center team members. The $100 million Responsibility Bonus, named for Smithfield's preeminent guiding principle, is on top of a previous $20 million commitment by the company.

What is the happiest place to live in the UK 2025?

Skipton named the happiest Town in Great Britain for 2025

Having previously come in second in 2020 and sixth in last year's Happy at Home Index, Skipton has topped the list ahead of more than 200 locations that were involved in this year's study.

How many Muslims are in the UK in 2025?

The UK Muslim population in 2025 is estimated to be around 4 to 4.5 million, making up approximately 6% to 6.5% of the total UK population, according to various 2025 reports from organizations like the Muslim Council of Britain (MCB) and IslamiCity. A key trend highlighted in 2025 data is that over half of British Muslims are now UK-born, a first for census records, with strong integration and a powerful sense of British identity, even as challenges in poverty and health persist.

How much is Joe Luter's net worth?

Joseph W. Luter III of Smithfield and Washington, $75 million.

Why is Smithfield Ham closing?

A Smithfield Foods spokeswoman said that the smokehouse had reached the end of its useful life and that the company has plenty of genuine Smithfield hams stockpiled to satisfy immediate demand.