London's ancient Smithfield and Billingsgate fresh food markets are set to move to the Royal Docks in Newham after the collapse of a previous scheme to relocate to Dagenham. The new preferred site agreed by market traders after talks with the City of London Corporation and the GLA would see the meat and fish markets relocate in 2028. The latest plan follows the scrapping of a move to a huge new market site in Dagenham last year because of spiralling costs.