The City of London Corporation is moving ahead with a private vote on whether to withdraw from the responsibility of running Smithfield meat market.
A compensation deal for meat traders at Smithfield could surpass 300 million, as the corporation prepares to abandon its 800-year-old market.
The court is likely to approve the recommendations to withdraw from Smithfield, as it is rare to vote against such proposals.
Having had the right to run Smithfield since 1327, the City of London Corporation is now contemplating a controversial exit from its historic obligations.
#smithfield-market #city-of-london-corporation #historical-significance #meat-traders #relocation-plans
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