are the firms or individuals who rent selling space on the floor of the
Market and are tenants of the Corporation of London. The London Fish Merchant's
Association is a body which represents the merchants trading interests,
while Billingsgate Traders Ltd represents the interests of the tenants
in their dealings with the Corporation and has representatives on the
Market's statutory Consultative Advisory Committee. This Committee also
includes representatives from the Corporation of London, the London Borough
of Tower Hamlets, the Transport and General Workers' Union and the National
Federation of Fishmongers.
The Market's cold
store is leased to, and operated by, a subsidiary company of the Merchants'
The Market complex
also houses several firms who trade in goods and services ancillary to
the fish trade; cooking oils, poultry, potatoes, catering supplies, trade
utensils and a laundry.
A recent addition
is a new distribution cold store centre built by a Merchant with assistance
from an EU grant and the Corporation of London.
Fishmongers and fish-and-chip shop proprietors; delicatessens; publicans;
restauranteurs; cafe owners; embassies; specialist fish suppliers; world
renowned chefs; buyers from some of London's most famous department stores
and from the country's greatest hotels-these are the people who comprise
an essential part of any market, the buyers.
It is the demand created
by these various buyers which stimulates the merchants to seek and offer
new and improved supplies. Billingsgate is, by law, a "free and open"
Market giving everyone the right to attend the Market during trading hours
and to purchase fish from any merchant who is willing to serve them. Sales
are by private treaty between the parties concerned and no auctioning
of fish takes place in the Market.