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Bank Area Guide
History of Bank
With the present-day area being hailed as one of the leading financial hubs of the world, seeing over 300,000 people tackle the daily commute to one of the institutions that call Bank their home, whilst this has certainly not always been the case, Bank’s rich history has been steeped in economics since the dawn of the 1700’s.
With the “Old Lady of Threadneedle Street” earning the moniker after decades in its current spot, the then relatively new Bank of England had yet to achieve the international recognition it holds today, nor become synonymous with the area it called home. With the roots of the capital’s first financial district firmly established, today Bank has seen many global firms and businesses establish a presence at its heart thanks to the centuries of commerce that define the streets of Bank.
Getting Around Bank
Tube Stations Near Bank
Bank, Moorgate, St Pauls, Mansion House, Monument, Blackfriars, Liverpool Street and Cannon Street
Gatwick, Stansted, London City and Heathrow
Moorgate, Blackfriars, Cannon Street, City Thames Link, Liverpool Street and Fenchurch Street
Commuters are able to connect to London Bridge, Oxford Circus, Aldgate East and Trafalgar Square areas through local bus routes.
Home and Market Trends
Those looking to rent a property in the London district of Bank will be greeted by an eclectic mix of dated residential apartments and luxury high rise living, seeing the City of London’s proud heritage and history blend with modern living. As of November 2021 the average cost of renting in the area was £1,895, a drop of over £500 on the previous year.
Local Life in Bank
Shopping in Bank
Found on Gracechurch Street the Leadenhall Market’s heritage dates back to the 1300’s, seeing the stalls drop meat and other produce, in favour of boutique fashion and opulent dining experiences.
The Royal Exchange
Perhaps one of the capitals most recognisable and prominent landlords, London’s royal exchange is home to an array of high-end boutique brands alongside stunning architecture from 1566.
Food in Bank
Bedales Wine Bar
Found nestled in Leadenhall Market, Bedales wine bar is hidden in the market’s basement, encouraging its patrons to embark on a journey of discovery; providing something for seasoned wine enthusiasts and spontaneous guests.
With seasonal menus, serving up delightful dishes, alongside cocktails and a sizable wine list, The Folly has been revered as a hidden treasure by locals for its “international flavours.”
Deriving its name from the renowned mayor Dick Whittington, the gardens span approximately 0.2 hectares, situated close to Cannon Street tube station. The city of London opened the gardens in 1960, with the space previously housing a bustling fur trade before suffering damage in the second world war.
Arts and Entertainment
St Paul’s Cathedral
Found at the highest point of the City of London, St Paul’s Cathedral has stood for over 1,400 years; with five cathedrals bearing this name having stood within the same grounds. Brought to life by the famed British architect Sir Christopher Wren, the cathedral offers tours of the crypt and Golden Gallery offering views across London.
Built in 1411 and boasting the third largest civic hall in England, the City of London’s Guildhall is home to many ceremonies including civic banquets, meetings of the elected assembly and the honorary Freedom of the City ceremony.
The Museum of London
As the name suggests the Museum of London provides its visitors with an unmatched journey through the founding and rich history the nation’s capital has to offer. Offering a journey through the ages, seeing London develop under Roman and Saxon rule, to modern-day; all available for free.
The Bank of England
Affectionately referred to as “The Old Lady of Threadneedle Street”, the Bank of England was established in 1694, with its current home on Threadneedle street being founded in 1734; earning the building its aforementioned moniker. For those that would like to have an insight into the inner working of the Bank of England a tour is available for free from Monday to Friday between 10am and 5pm.
For those that don’t mind venturing further afield, some revellers in nightlife choose to travel to the neighbouring district of Shoreditch; but there are a handful of spots to be found closer to home.
Situated in the heart of the city of London, Core offers the contemporary thrills of nightlife in the capital accompanied by a comprehensive selection of cocktails, wines and spirits.
Offering cocktails alongside an assortment of wonderfully prepared dishes, the City of London’s Forge hosts weekly events, entertainment and live music, “bringing dancing to the city.”
Bank falls under the City of London authority.
|City of London (Excluding Temples)
Fun fact about Bank
Bank within the City of London has certainly lived up to its name, with the area housing over 500 international banks!