The City of London, also referred to as the Square Mile, is London’s major business and financial hub, in which the Bank area plays a key business role. So-named after the Bank of England, the area has been undergoing great development over the past few years, thanks to the Bank Conservation Area project carried out by the City of London. As the largest conservation area within the City of London, and as the City’s main financial district, it is imperative that the area maintains its high profile. The Bank area boasts a long and varied history, which is often reflected in the surrounding architecture as well as through local historical attractions such as the Bank of England museum. Bank junction is a notable feature of the area, at which nine different streets converge, including some of the most prestigious business addresses, such as Threadneedle Street – where the Bank of England’s headquarters are located, Cornhill and Lombard Street.
Setting up your business here
Bank and its surrounding areas are a popular choice among businesses looking for a central, commercial location. Many financial corporations and related businesses find ideal opportunities for networking in this part of the City, as well as a prestigious and reputable business address. Many other well-known businesses also reside in the area, including CLS Services Ltd, KPMG LLP, CODDAN CPM LTD, the European headquarters of Wall Street Systems, located within the iconic Gherkin building, IG Group on Cannon Street, and the Bank of England.
A typical office in Bank
Here is an example of a typical office in this area:
Office Space in BankView Details of the Office
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Things to do in Bank
Bank and the surrounding areas come alive at night, with the many restaurants and bars frequented by local workers taking client meetings or looking for after-work downtime. The area also boasts comedy clubs, nightclubs, live music venues, and cinemas, as well as many theatres in close proximity. Some of the area’s most popular drinking and eating venues include Brown’s, located on Old Jewry, for good, hearty food in a buzzing atmosphere, as well as Coq d’Argent on Poultry, for a more upmarket Bar and Grill meal. The Gherkin, situated on St Mary Axe, also has various restaurants, ideal for client lunches, as well as a bar on the top floor, open to members on a Friday night, or for those with friends or family who work in the building. For something a little more homely, you can head to one of the nearby pubs for traditional British dishes and a thirst-quenching pint. The choice of eateries in the area is growing with an outstanding variety of international cuisine, with dining options to suit all tastes and preferences.
- Tube lines: Northern, Central, Waterloo & City, Docklands Light Railway, Circle, District lines
- Mainline stations: Bank, Monument, Mansion House
- Nearest motorways: M25
- Nearest airports: City, Heathrow, Gatwick
- Other: More than 10 bus routes; to South, Central, West, East and North London. London Cycle Network