Two of London's most famous markets — one selling fish, the other meat — are set to close in the coming years, bringing an end to traditions stretching back to medieval times. On Wednesday, the City of London Corporation,

The oldest meat and fish markets in London, which date back 850 years, are facing permanent closure from 2028. 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.

Two of London’s oldest markets, Billingsgate and Smithfield, will cease operations by 2028, marking the end of traditions dating back to the 11th century. The City of London Corporation announced Wednesday it will relinquish its responsibilities for the markets and compensate traders as they transition to independent operations.

Livestock has been traded on the historic site in Britain’s capital for centuries. The local authority voted this week to close it.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world London's historic Smithfield meat market is at risk of being closed for good at a vote in the City of London.

Iconic Pub to Return to Its Leaning Glory After Fire. Under the new arrangement, the corporation will provide compensation and guidance to traders, allowing them to dec

The Smithfield Market, near St Paul's Cathedral, started in 1327 and has operated from its current location since 1868. The market was designed by architect Sir Horace Jones, who was also behind the redevelopment of Billingsgate in the same century.