Chris Hayward from the City of London Corporation emphasized, 'The progress we're announcing today demonstrates our commitment to helping traders grow and operate sustainably and successfully for many more generations to come.' His statement underlines the corporation's focus on fostering economic growth while ensuring that the traditional meat trading business thrives in modern settings.
A representative from the SMTA stated, 'For our part, we at the SMTA have today confirmed that 70% of us intend to come together to collectively move to a new facility within the M25.' This agreement showcases the unity among traders and their commitment to adapt by relocating, ensuring that the business dynamics will remain intact without disrupting the supply chain.
The spokesperson also highlighted, 'The creation of a New Smithfield will also ensure that the meat which passes through the current market site will continue to serve London and the South-East.' This reflects the strategic importance of the new facility in retaining the supply capabilities and serving regional demands, while enabling traders to modernize.
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