City of London (Markets) Bill

The City of London (Markets) Bill gives the City of London Corporation greater powers to regulate and manage markets within its jurisdiction, including Smithfield Market, Billingsgate Market, and New Spitalfields Market. The bill modernizes the legal framework governing these historic markets, allowing for more flexible trading arrangements and updated bylaws. It enables the Corporation to adapt market operations to contemporary commercial needs while maintaining their function as wholesale trading centres. The legislation also clarifies property rights and governance structures for these important London institutions.