Is the Spitalfield market moving?

New Spitalfields Market in Leyton is not currently moving, as the City of London Corporation officially paused and dropped plans in late 2024 to relocate it alongside Smithfield and Billingsgate markets to Dagenham due to rising costs. While earlier plans for 2026/27 were scrapped, the market will remain at its Leyton site for the foreseeable future, unlike other London wholesale markets facing closure.

Has the Spitalfields Market moved?

New Spitalfields Market opened in the 13th century next to St Mary Spital Church in the Square Mile. The market then relocated to Leyton in the early 1990s. Sadly the Leyton site can't meet the needs of a modern market.

What's happening to the Smithfield Market?

According to the City's press statement, "Most of the Traders from both markets have agreed to move together to a new site with the remaining intending to transfer their business to others, ensuring that 100% of trade will continue". The move would not happen before 2028. The plans are still tentative.

What is the difference between old and new Spitalfields market?

Old Spitalfields Market is a covered market in Spitalfields, London. There has been a market on the site for over 350 years. In 1991 it gave its name to New Spitalfields Market in Leyton, where fruit and vegetables are now traded.

Is the new Spitalfields Market open to the public?

New Spitalfields Market is open to all customers who wish to purchase wholesale quantities of fresh produce (e.g., box quantities rather than retail levels per kilo). It is a trade-to-trade environment and operates similarly to most industrial sites, with significant vehicle movement.

This London Market Is Always Busy 🛍️ Spitalfields Market Sunday Walk | London 4K HDR

What is the 3 5 7 rule in day trading?

At its core, the 3-5-7 rule sets three clear boundaries: 3%: The maximum amount of your trading capital you should risk on any single trade. 5%: The total amount of capital you should have exposed across all open trades at any given time. 7%: The minimum profit you should aim to make on your winning trades.

Why did Spitalfields Market close?

For the next 60 years, Spitalfields' nationwide reputation grew, as did the traffic congestion in the narrow streets around it. With no room for the expansion it so badly needed, the market was forced to move and in May 1991 it opened its doors at its new location in Leyton, east London.

Can you haggle at Spitalfields Market?

One of the largest indoor markets in the city, it is spread across an expansive square marketplace and has sections for fashion, arts and crafts and food. Haggle with stall owners for well-priced clothes, souvenirs and culinary treats.

What is the most famous food market in London?

Borough Market: The Most Famous for a Reason

One of London's culinary cornerstones, Borough Market has withstood the test of time, having existed in the heart of Southwark for centuries in some form or another.

Why is Smithfield Market in London closing?

Last autumn, the City of London Corporation voted to withdraw support from the historic meat market and close the site. It will be permanently closed from 2028. The area is intended to become an international cultural hub and the home of London Museum.

Who bought out Smithfield?

Smithfield's Chinese Ownership, Explained

But in 2013, WH Group, formerly known as Shuanghui International Holding Limited, one of China's largest meat producers, purchased Smithfield outright for $4.7 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.

What is the hippest area in London?

Hackney Wick

It's street art-lined streets are packed with craft breweries, bars, nightclubs and artists' studios, and the area was even voted the 'coolest neighbourhood in London' back in 2023 – not too shabby.

Which areas of London are being gentrified?

London's 53 most 'gentrified' neighbourhoods

• Spitalfields.
• Aldgate.
• Bethnal Green South.
• Woodberry Down & Manor House.
• Bruce Grove North.
• Camberwell Green.
• Bethnal Green Central.
• Beckton.

What famous London markets are closing?

London's historic Smithfield and Billingsgate markets are set to shut after the City of London Corporation voted to withdraw support for them, bringing down the curtain on two establishments that have been part of London life for the best part of a millennium.

What is the oldest market in London?

Borough Market has a history spanning over a millenium and is widely considered London's oldest retail and wholesale food market. It's been operating at its current site since 1756. With over 100 stalls covering about 4.5 acres, Borough Market is also one of the largest food markets in the capital.

What is the difference between Spitalfields Market and Old Spitalfields Market?

Spitalfields Market and Old Spitalfields Market are essentially the same vibrant destination in London's East End, though sometimes considered slightly different sections – Old Spitalfields Market refers to the historic Victorian covered market hall (focusing on antiques, vintage, crafts on certain days), while "Spitalfields Market" often encompasses the broader area including modern shops, food stalls, and pop-ups around the original structure, with both offering diverse shopping, dining, and events, especially busy on weekends. 

What market in London is closing down?

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.

Are there any areas to avoid in London?

London blends safe and risky zones. Hackney, Tower Hamlets, and Croydon top the danger list. East and South London face more crime, and tourist hubs like Westminster add risk too. Stay sharp and use safety tips to stay secure.