Smithfield and Billingsgate food markets in London will be turned into new homes and a cultural destination under plans by their owner – but the future of the meat and fish traders housed on each site remains in doubt.
A council within the City of London Corporation, which is responsible for running the capital’s Square Mile, has voted to task a team to oversee the regeneration of 28 hectares (70 acres) of land across Greater London. However, it has not allocated any new money for the project.