London’s historic Billingsgate fish market and Smithfield meat market, operating since the 11th century, are set to close due to rising costs, with plans for relocation to Dagenham abandoned. The City of London Corporation will provide financial compensation and advice to market traders, allowing operations until at least 2028. Traders will now work on relocating to new premises in London, marking the end of centuries-old traditions in the bustling city.
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