Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Politics

From farm to fork: how the $1.1 billion midnight market has fed London’s elite for 50 years

admin by admin
November 12, 2024
in Politics
0
From farm to fork: how the $1.1 billion midnight market has fed London’s elite for 50 years
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Long before London awakens, New Covent Garden Market, nestled on the Thames’ south bank, is already a hive of activity.

This sprawling wholesale market, a hidden gem in the bustling metropolis, is the lifeblood of London’s culinary scene, supplying everything from neighborhood grocers to Michelin-starred restaurants.

For Gary Marshall, a third-generation trader, the market is more than just a workplace; it’s a legacy.

“New Covent Garden is part of us. It will be part of my son’s life, maybe part of my grandson’s life,” he told AFP, reflecting the deep roots families have established within this vibrant community.

The midnight hustle: a symphony of fresh produce and floral delights

As the clock strikes 10 pm, the market truly comes alive.

Around 2,000 people converge, the air buzzing with the energy of traders, produce arriving from across the globe, and the promise of a new day.

“Once you get here at 10 o’clock, you have a cup of tea, you have a look at your produce arriving. And then it happens. Then the buzz is on. The market’s alive,” Marshall describes, his passion evident.

(Source: newcoventgardenmarket.com)

This old-school, face-to-face trading continues through the night, a testament to the enduring power of personal connection in a digital age.

From market stall to Michelin star

By sunrise, the market’s bounty is dispatched across the capital, a seamless operation that fuels London’s diverse culinary landscape.

“So, by the time people are getting out of bed and walking into their hotel or into their office or a school or a government building, it’s there… It’s like magic,” Marshall explains.

From the esteemed halls of Harrods to the refined tables of Claridge’s, New Covent Garden Market plays a crucial role in providing the freshest ingredients to London’s most discerning establishments.

Even celebrated French chef Pierre Koffmann, a long-time patron, sings its praises: “It was a pleasure to come here, to meet people who were different and talk about vegetables.”

Ensuring relevance in a changing landscape

While the market thrives, challenges remain.

Attracting younger generations to the demanding overnight hours, a consequence of efforts to alleviate daytime congestion, is a constant concern.

Furthermore, as supermarkets rise in prominence, remaining competitive is paramount.

“So, so many of us buy our food from supermarkets now. And of course, in tough economic times, everyone is very money conscious,” observes Wanda Goldwag, chair of the Covent Garden Market Authority.

This necessitates a focus on innovation and sustainability, ensuring the market remains relevant in an evolving consumer landscape.

Securing a legacy for generations to come

Despite these challenges, New Covent Garden Market faces a bright future.

With a turnover of £880 million ($1.1 billion) last year and ongoing regeneration plans, its position as a vital hub remains secure.

The market’s guaranteed lease for the next 25 years offers a sense of stability, a comforting reassurance for traders like Marshall, who envisions his son carrying on the family tradition.

“I don’t know if I’ll still be here in 25 years,” he muses, “But my son certainly will be.”

The post From farm to fork: how the $1.1 billion midnight market has fed London’s elite for 50 years appeared first on Invezz

Previous Post

Novavax cuts 2024 revenue forecast again on lower COVID vaccine sales

Next Post

Is $150,000 really rich? Many high earners are living paycheck to paycheck

admin

admin

Next Post
Is $150,000 really rich? Many high earners are living paycheck to paycheck

Is $150,000 really rich? Many high earners are living paycheck to paycheck

Trending News

Sensex rockets 1,650 points on April 15, Nifty vaults past 23,300 on US tariff reprieve

Sensex rockets 1,650 points on April 15, Nifty vaults past 23,300 on US tariff reprieve

April 15, 2025
Elon Musk’s X lifts price for premium-plus tier to pay creators

Elon Musk’s X lifts price for premium-plus tier to pay creators

December 23, 2024
China’s November factory growth surges to 5-month high: Caixin PMI hits 51.5

China’s November factory growth surges to 5-month high: Caixin PMI hits 51.5

December 2, 2024
Subscribe to Insightful Word


    Recent News

    Hang Seng, Nifty lead Asian markets higher on Monday

    Hang Seng, Nifty lead Asian markets higher on Monday

    May 12, 2025
    US, China strike trade deal: key tariffs reduced, but some remain

    US, China strike trade deal: key tariffs reduced, but some remain

    May 12, 2025
    US stock futures rally as US and China agree to a rollback in tariffs

    US stock futures rally as US and China agree to a rollback in tariffs

    May 12, 2025
    Amazon, Tesla drive Magnificent Seven surge on US-China trade deal

    Amazon, Tesla drive Magnificent Seven surge on US-China trade deal

    May 12, 2025

    Recent News

    Hang Seng, Nifty lead Asian markets higher on Monday

    Hang Seng, Nifty lead Asian markets higher on Monday

    May 12, 2025
    US, China strike trade deal: key tariffs reduced, but some remain

    US, China strike trade deal: key tariffs reduced, but some remain

    May 12, 2025

    Latest News

    • Hang Seng, Nifty lead Asian markets higher on Monday
    • US, China strike trade deal: key tariffs reduced, but some remain
    • US stock futures rally as US and China agree to a rollback in tariffs

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.