The Smithfield Market, which has existed for more than 800 years in central London, will cease its activities in 2028, the City of London Corporation, responsible for this wholesale market specializing in meat, announced on Tuesday.
A stone’s throw from the modern buildings of the City and Saint Paul’s Cathedral, Smithfield was one of the largest covered markets in Europe.
But the closure of this wholesale market specializing in meat had become a sea serpent for years.
The City of London Corporation announced that its council had voted to close Smithfield as well as Billingsgate fish market, and that financial compensation would be paid to traders.
They will be able to work in these markets at least until 2028, the Corporation said.
Public executions
A market has been located on the Smithfield site for over 800 years. In the Middle Ages, it was an open-air market. It is also a historic place, which was notably used for public executions of political rebels such as that of the Scot William Wallace.
The City of London Corporation has been responsible for this and other markets since 1327.
The current location, a very beautiful covered market, was built in 1868 by the Victorian architect Horace Jones, also the author of the Tower Bridge.
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