Roundup: London's street markets assured bright future under new drive by mayor

Street markets have been a familiar scene in London for centuries, with the number now at a record high.

London Mayor Sadiq Khan has now unveiled plans to ensure they remain as an important part of English culture for centuries to come. A new London Markets Board will be established.

Residents and visitors are spoiled for choice with over 250 street markets across London, Khan said he plans to recruit a team of industry experts and business leaders to help preserve and grow the capital's vibrant markets.

The new board, the first of its kind in the capital, will ensure markets continue to flourish, support growth in downtown high streets and town centers, and remain vibrant attractions for all Londoners and visitors.

A spokesman for Khan said Saturday: "In London there are over 250 street markets, which are an important part of English culture. The mayor wants to recognise their national value."

In 2010 there were 162 street markets in London and the number has continued to increase.

Old markets in London still thriving include Romford Market which was established in 1247 by Royal Charter as a sheep market. Cattle trading ended in the late 1950s but the market continues to act as a focal point of the town. More than 1.25 million U.S.dollars is being spent on a major market house at Romford.

In Southwark, Borough Market close to London Bridge, is described as London's oldest food market, dating back to the 10th century when it attracted food and livestock traders. Today, the market hosts over 100 food stalls.

Khan said: "I'm a proud Londoner and a proud Englishman who has grown up with traditional street markets. Markets are deeply woven into the tapestry of English culture and nowhere is that more true than in London. They are far more than a place to do your shopping - they are places where people meet and talk.

"I have pledged not just to preserve and protect London's markets but also to set up our very first London Market Board to help ensure that these spaces thrive for the benefit of local entrepreneurs, small businesses and everybody who visits them."

As well as setting up the London Markets Board, the mayor has tasked City Hall with examining the social and economic value of markets in London.

A major report, Understanding London's Markets, will later this year outline the value markets bring to London in relation to employment, skills and training, community cohesion, health and well-being and culture.

It will include the first ever map of all of London's markets, allowing people to search for local markets. Endit