2018: A Year of Transformation and Growth

How London is Setting a New Standard for Market Cities

Annah MacKenzie
Jan 25, 2019
Feb 14, 2019

As the 9th International Public Markets Conference came to a close in Barcelona three years ago, 425 participants from 45 countries around the world signed the Public Markets Declaration, promising to advance the multifaceted benefits of public markets, to integrate them into the international development agenda, and to “Promote the inclusion of public markets in the political agendas and policy frameworks of our respective city, regional, state, and national governments.”

To discover which cities are delivering on that last core promise, look no further than London, UK. As the Mayor of London prepares to co-host the 10th International Public Markets Conference with Project for Public Spaces in June of this year, we reflect on Mayor Sadiq Khan’s major recent policy initiative to support, preserve, and promote London’s vast network of vibrant street and covered markets. Along with the creation of an interactive online map of each of the city’s 280 markets, the Mayor also published an extensive report—“Understanding London’s Markets”—which explores the key challenges markets face, outlines the breadth of social and economic benefits they offer, and provides a set of 12 recommendations for improving their long-term sustainability and social impact.

A central component of this bold set of measures was the Mayor’s establishment of the first-ever strategic forum to oversee all of London’s markets, the London Markets Board. Officially launched on December 20, 2017 in Borough Market’s Three Crown Square, this team of industry experts, business leaders, and market representatives will help to oversee the execution of a city-wide strategy to ensure that public markets continue to bring diverse social, cultural, and economic benefits to all Londoners.

Jules Pipe, Deputy Mayor for Planning, Regeneration and Skills and Co-chair of the London Markets Board visits traders at Borough Market during the launch of London's Street and Covered Markets programme in December 2017.

London is an exemplar of a “Market City,” a city with a strong network of physical markets, as well as increasingly strong policy and support infrastructure to back it up. Like Barcelona, it has markets across the city that help distribute healthy, locally-produced food and other goods. The city also has large central markets, like Camden Market and Brixton Market, that act as hubs for the region and function as great multi-use destinations, with many activities clustering nearby. Why are cities like Barcelona and London investing in markets as critical infrastructure? Because they recognize their ability to strengthen local economies, promote physical health and sustainability, and foster deep social connections in the communities they serve.

“For me, the key triumph [in the first year of the London Markets Board] has been the overwhelming welcome from the market community for the London Markets Board and the explosion of interest in the market sector, from public and private, academia and politicians,” said board Co-Chairman, Helen Evans.

“The challenge is fully engaging at grass-roots level – the sheer diversity of the sector presents real communication issues which we continue to address.”

“I've been hoping a group like this would come together for the past 10 years,” commented Stuart Horwood, CEO of Brixton Market Traders' Federation in London. “There's so much untapped support and enthusiasm for markets and I sincerely believe the board will be able to channel all this good-will into a lasting piece of work.”

Fresh produce offered at Berwick Street Market, Westminster.

Attendees of the 10th International Public Markets Conference will represent cities and towns from all over the world—urban and rural, large and small, and vastly diverse in terms of economic, social, and physical resources. And while few places will resemble London in many respects, all conference participants will find opportunities to learn from and implement the successes of London's Street and Covered Markets Agenda.  

“We hope that the inclusion of markets representing London’s diversity will ensure that all delegates have the opportunity to experience and encounter situations and circumstances that they can relate to,” explained Evans. “London is proud of its iconic markets, many of which have become famous tourist attractions, but it is also home to areas of deprivation and inequality where markets are struggling. In setting up the London Markets Board, the Mayor, Sadiq Khan, not only recognizes markets’ unique role in London’s life but also the challenges some are facing. I hope that this conference is a chance for delegates to see the full picture of markets in London – both strengths and weaknesses.”

Columbia Road Market, a Sunday market specializing in fresh flowers and plants.

Public markets have been at the heart of London’s unique cultural fabric for centuries, and these diverse, communal public spaces are a mainstay of the everyday experience of both Londoners and those visiting the capitol. The 10th International Public Markets Conference will shine a spotlight on the diversity and quality of London’s vibrant markets, as well as the groundbreaking path the city has forged in creating this city-wide multifaceted initiative.

The 10th International Public Markets Conference will also usher in the launch of the Tomorrow’s Market Programme. A collaboration between the London Markets Board, the Mayor of London, and London Growth Hub, this innovative business support initiative will help new traders entering the market sector by recruiting a cohort of entrepreneurs, matching them with public markets, and providing a cohesive program of training, mentoring, skill sharing, and networking.

This is a truly historical moment in the history of London’s markets and those around the world, and our conference program will give participants many opportunities to share ideas and expertise, to explore new solutions to the challenges facing today’s public market enterprises, and to witness London’s thriving market scene in the context of these recent policy initiatives.

While participants will certainly learn from London, London also hopes to learn from our international roster of market professionals. “Markets are one of the most adaptable forms of transaction, and while there is real diversity reflecting geographic, economic, and social environments, there is also a commonality that transcends borders,” Evans commented. “We are really excited for the opportunity to share examples of best practice and to hear how delegates have faced the challenges of adapting to new customer demographics and new technology and how to support traditional traders and transfer skills to new ones. This is what lies behind the creation of Tomorrow’s Markets, and having the input and creativity of delegates from around the world at its inception is amazing.”

Be sure to visit PPS’s conference website to stay up to date on details for the event. We will update the site frequently with details on the program, speaker lineup, and related activities and side events as they become available, and we will continue to add rich and informative content as we begin counting down to the conference on June 6-8, 2019.

Annah MacKenzie
Annah MacKenzie
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2018: A Year of Transformation and Growth