A two-day festival in Canning Town will mark the relaunch of one of London’s most famous markets.

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The free Rathbone Market Festival will take place in the Rathbone Market square on Barking Road on Saturday and Sunday, August 8-9, featuring music, sports and arts as well as food and drink.

The two-day festival is being led by English Cities Fund (ECf), the joint venture responsible the £180million redevelopment of the area.

Duncan Cumberland, ECf development director and head of the Rathbone Market Festival, said: “Colourful, vibrant events are exactly what we envisaged for the market square so we’re thrilled to be hosting this free community event.

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“With new paving, seating and new market stalls, as well as improved subway links beneath Newham Way to Canning Town Station and DLR, the festival is our way to showcase the new-look Rathbone Market.”

Music and culture will be a key theme throughout the weekend and visitors will be able to watch two shows from The Streets – East Stratford Theatre Royal’s festival performers.

Stratford East singers and Byron Gold who will be performing at the Rathbone Market festival

Newham councillor Ken Clark, cabinet member for building communities, public affairs, planning and regeneration, said: “The market is the heart of the area and we hope this festival will give residents and visitors to the area a taste of life in Canning Town and keep them coming back.”

Artists from Newham Council’s Rosetta Arts Centre will be creating a huge community mural which will be made a permanent fixture at the Rathbone Market Development, currently in its third phase, Lumire.

The £180million Rathbone Market scheme is the flagship development within Newham Council’s Canning Town and Custom House £3.7billion regeneration programme. The Rathbone Market redevelopment will deliver more than 650 new homes, 45,000 sq ft of retail floor space, 12,000 sq ft of new community facilities and two new public spaces, including the new Rathbone Market.

Duncan Cumberland, development director for ECf, said: “The redevelopment of Rathbone Market and events such as the Rathbone Market Festival, are set to breathe new life into this community. We hope residents and those who want to see what Canning Town has to offer, join in the fun this summer.”