By Sebastian McCarthy
Three of London’s most iconic markets could be merged into one after relocation plans were revealed by the City Corporation today.
The historic sites of Billingsgate, Smithfield and New Spitalfields all face closure under a strategic report that argues for the creation of a new wholesale venue to consolidate all three markets.
While the planned site would cover roughly 100 acres to house new facilities for the wholesale markets, a new location has yet to be chosen.
However, despite a green light for the new proposals by the City Corporation markets committee, parliamentary legislation will still be required.
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