What will happen to the Smithfield market?

Smithfield Market, the historic 900-year-old meat market in Farringdon, will close its current location by 2028 and relocate to a new site, likely in the Royal Docks in East London, to make way for a new cultural and commercial hub. Traders will continue operating on-site until 2028 with support for the move.

What are they doing with Smithfield Market?

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.

Is the Smithfield Market closing down?

News that the City of London Corporation is to close Smithfield meat market and Billingsgate fish market for good by 2028, abandoning plans to relocate them to a new £1bn Dagenham Docks development, is slowly being absorbed by Smithfield traders.

What will happen to Smithfield?

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.

Where is Spitalfields market moving to?

What is planned for the site? The City of London Corporation has decided to combine the location of all three of its wholesale markets. This includes Billingsgate, New Spitalfields, and Smithfield Market. They will be moved to a site at Dagenham Dock.

What's behind the redevelopment of Smithfield Market?

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.

Why is Smithfield Market only open at night?

Smithfield was almost a city within a city – and one with its own hours. To give customers time to buy and prepare their meat for sale the same day, the market opened at night.

Is Smithfield and Billingsgate historic London markets to close after 800 years?

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.

Is the Museum of London moving to Smithfield Market?

After 45 brilliant years, London Museum (formerly known as Museum of London) has closed its doors at the London Wall site. This marks the start of the highly anticipated move to its new home at West Smithfield, where it will reopen in 2026 as London Museum.

Where is the most Christmassy place in London?

For the ultimate Christmassy feel in London, head to Covent Garden for its giant tree and lights, Regent Street for its iconic angel lights, and Winter Wonderland in Hyde Park for a massive festive market and carnival; while Chelsea's Sloane Square offers charming local lights and markets, creating a wonderfully festive atmosphere.
 

Can I visit Smithfield Market?

It is open to the public by Charter: walk through the Market, look around, talk to the salesmen on the front of the stalls.

Who owns Smithfield Market?

When the plan was made public, in April 2019, excitement was expressed about the City of London Corporation, owner of the Smithfield meat market in Farringdon, Billingsgate fish market in Poplar and the New Spitalfields horticultural produce hub in Leyton, consolidating all three in one place.

Why is the Smithfield Market closing?

While many are concerned for traders and the loss of the market's unique sights, sounds and smells, the corporation's decision – blamed on rising costs – is just the latest step in the decades' long transformation of the wider Smithfield area.

Is it worth going to Smithfield Market?

Smithfield- a must-do experience

Fascinating experience but not for the faint hearted. Definitely worth seeing at 3-4am at its busiest. Go with a clear idea of what you want to buy as the choice & quantities are overwhelming. Vendors can be abrupt- avoid no.

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 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.

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 are they shutting the billingsgate market?

Jason Holland. Billingsgate fish market – which is the oldest fish market in the U.K. capital of London and what was once the world's largest fish market – is set to close in 2028 after the City of London Corporation recently decided to withdraw its support.

Where will Smithfield Market go?

New site near Thames planned for historic markets

Under the proposal, both markets would operate from a new site at Albert Island, just east of London City Airport, on land earmarked for wider regeneration. It is estimated that the move could generate about £750m in local expenditure and more than 2,200 jobs.

What is happening at Smithfield Market?

The City of London Corporation has been looking at relocating the Smithfield and Billingsgate markets for some years. Smithfield Market is set to become a new cultural and commercial centre, with the new Museum of London already under construction in the old General and Poultry market buildings.

Does Smithfield Market still sell meat?

London's historic Smithfield meat market is to close for good after the City of London Corporation voted to pull out of plans to relocate it and Billingsgate fish market to Dagenham.

What is the poorest neighbourhood in London?

The poorest parts of London are concentrated in boroughs like Tower Hamlets, Hackney, and Newham, especially regarding income deprivation for children and older people, with pockets of poverty also in Brent, Barking & Dagenham, and parts of Westminster and Kensington & Chelsea. These areas face high rates of poverty, with some wards like Northumberland Park (Haringey) and Stonebridge (Brent) being among the most deprived. 

Where do billionaires live in London?

Knightsbridge

When it comes to luxury, Knightsbridge is unmatched. Home to Harrods, Hyde Park and some of the city's most elegant residences, this area is a magnet for international billionaires, celebrities and royals alike.

What is the prettiest neighborhood in London?

Arguably, Notting Hill is one of London's prettiest neighbourhood, where almost every street is lined with bright rainbow-colour houses.