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  • Writer's pictureYour London Taxi

Phase five of Bank Junction transformation underway meaning changes to Threadneedle Street

In an effort to improve safety for commuters and visitors, Bank Junction is undergoing a major construction project that is set to continue until Spring 2024.

To mitigate disruption caused by the construction work, advance notice and route planning information has been provided by the City of London Corporation to enable individuals to navigate the area more efficiently. Road signs will be strategically placed to offer guidance on diversions and disruptions, including those affecting pedestrians and cyclists.

The project is divided into seven phases, with the completion of the initial four phases already accomplished. The upcoming fifth phase, scheduled to conclude on 10 November 2023, will focus on Queen Victoria Street, Princes Street, Mansion House Place, and Threadneedle Street. Enhancements will include wider pedestrian crossing points, footway widening, and improvements with new paving and kerbs. Additionally, resurfacing works are planned for Mansion House Street, Princes Street, Lombard Street, and Poultry.

Those seeking detailed information on current traffic management orders related to the "All Change at Bank" project can refer to the Bank Junction traffic orders.

Starting 13 February 2023, Queen Victoria Street will be closed to all motor vehicles at its junction with Mansion House Street. Then, from 17 July 2023, Mansion House Street will revert to two-way traffic flow. Additionally, Threadneedle Street, located between Bank Junction and Bartholomew Lane, will be closed to all motor vehicles. A left turn from Mansion House Street into Princes Street will be prohibited, except for cyclists.


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