City of London Corporation Wholesale Markets

Closes 6 Aug 2019

Next Steps

This initial consultation is an important step in the process of bringing all three wholesale markets together.

Over the summer, your feedback to this consultation will help the City Corporation further develop plans. In 2020 we expect to consult again with more detailed proposals for the design of the new market.   

Ultimately, to relocate the markets, the City Corporation will need a new Act of Parliament. The decision whether to bring forward a Private Bill will be made next year.

If the City Corporation decides to proceed with the proposal for a new consolidated market, and Parliament approves the necessary legislation, construction of the new consolidated market could commence in the 2020s and could be open for business from 2024/5.