All Change at Bank project
We are making Bank Junction a safer and nicer place to travel through and visit.
The main construction work will continue until Spring 2024.
We will provide advance warning of works so you can plan your route to minimise disruption.
Road signs will give information on disruption and diversions. Sometimes there will be diversions for pedestrians and cyclists.
The works will be completed in seven phases. The first five phases have been completed.
What is happening next?
Phase Six will finish on 29 February 2024 and involves further work on Queen Victoria Street and Threadneedle Street, including footway widening and improvements with new paving, kerbs, and wider pedestrian crossing points. Adjustments to drainage and utility covers, resurfacing and installation of new trees and planting.
Go to Bank Junction traffic orders to read the current traffic management orders for the All Change at Bank project.
Traffic changes
Traffic changes are being introduced to allow for the new public spaces to be created. Diversions will be clearly marked.
From 13 February 2023
Queen Victoria Street, at its junction with Mansion House Street, closed to all motor vehicles.
From 17 July 2023
- Two-way traffic returns to Mansion House Street.
- Threadneedle Street, between Bank Junction and Bartholomew Lane, closed to all motor vehicles.
- Banned left turn, except for cyclists, from Mansion House Street into Princes Street.
From 27 November 2023
- Princes Street will see changes that are in operation 24/7:
- No motor vehicles to enter from the north end of Princes Street heading southbound, except buses and for access (to Princes Street and Cornhill).
- Left turn only into Cornhill from Princes Street heading southbound, except for buses and cycles.
- No entry to Princes Street from Bank Junction heading northbound, except for buses and cycles.
- Right turn only from Mansion House Place into Cornhill.
What can you do?
- Look for updates on this webpage and on our X feed @squarehighways
- Allow extra time for your journey to allow for disruption
- Contact the All Change at Bank team if you need more information
Phase 1
Completed - Princes Street (East side). Footway improvements with associated adjustments to drainage, utility covers and bollards.
Phase 2
Completed - Poultry (North side). Footway improvements with new kerbs and paving. Adjustments to drainage and utility covers. A number of traffic islands were removed with adjustments made to signal poles.
Phase 3
Completed - Lombard St, Cornhill and Threadneedle St (South side at Bank junction). Footway widening and improvements with new paving and kerbs as well as wider pedestrian crossing points. Adjustments to drainage, utility covers and bollards also took place.
Phase 4
Completed - Cornhill, Mansion House Street, Poultry (south side) and Queen Victoria Street (north side). Footway widening and improvements with new paving and kerbs, wider pedestrian crossing points and road resurfacing. Adjustments to drainage, utility covers and bollards and construction of new traffic signal infrastructure also took place.
Phase 5
Completed - Northern section of Queen Victoria Street, Princes Street, and western end of Threadneedle Street. Footway widening and improvements with new paving, kerbs, and wider pedestrian crossing points. Adjustments to drainage, utility covers and bollards and construction of new traffic signal infrastructure. Resurfacing also took place across the centre of Bank Junction as well as on Poultry, Mansion House Street, Princes Street, and the northern section of Lombard Street.
Phase 6
13 November 2023 – 29 February 2024. Southwestern section of Queen Victoria Street and central section of Threadneedle Street. Footway widening and improvements with new paving, kerbs, and wider pedestrian crossing points. Adjustments to drainage and utility covers, resurfacing and installation of new trees and planting.
The project looked at key problems. Bank Junction was congested, polluted and unsafe. Incremental improvements over the last few years have seen junction become a more pleasant place for pedestrians and cyclists. The next stage is to implement the changes that will deliver the original objectives:
- Reduce casualties by simplifying the junction
- Reduce pedestrian crowding levels
- Improve local air quality
- Improve the perception of place, Bank is a place to spend time in rather then pass through
Street trees and in-ground planters will be delivered as part of the Climate Action Strategy’s Cool Streets and Greening Programme.
To provide more space for people walking and enhance the public realm. Changes will simplify the junction to prioritise the space for pedestrians, allowing space for seating and greening:
- Parts of Threadneedle Street and Queen Victoria Street will be closed to all motor vehicles 24/7
- Princes Street will see changes that will be in place 24/7
- Only buses and cycles will be able to travel northbound towards Moorgate
- Vehicles needing to access Cornhill will be able to travel southbound and turn left into Cornhill
The main traffic junction will be made smaller, making it more understandable to those driving or cycling as to where they should be positioned on the carriageway. There will be fewer opportunities for turning manoeuvres, reducing the risk of collisions. Narrower carriageways will mean larger pavements and more comfort for pedestrians.
Traffic restrictions during the day will remain in place. Buses and cycles only Monday-Friday 7am-7pm across Bank Junction and travelling westbound into Cornhill.
There is a review of the timings of restrictions and the mix of traffic. If changes are feasible and supported, it will be possible to amend the traffic orders. The review is expected to complete towards the end of the construction programme.
Changes at Bank Junction have taken many years. The following Committee reports show the options considered, the development of the design, consultation and final construction details.
Reports to the Streets and Walkways Sub (Planning and Transportation) Committee:
May 2020 All Change at Bank options appraisal report
October 2020 All Change at Bank detailed feasibility report
February 2021 All Change at Bank public consultation proposal
July 2021 All Change at Bank - Issues report regarding the programme
September 2021 Report back on the public consultation findings
December 2021 Seeking authority to move to construction phase