Threadneedle Street, London Area Guide
Threadneedle Street is a street in the City of London, leading from a junction with Poultry, Cornhill, King William Street and Lombard Street, to Bishopsgate.
The Bank of England is located on Threadneedle Street and is truly the heart of the financial sector in the UK with a worldwide reach. The bank itself is often called ‘the old lady of Threadneedle Street’ and has been at its current location since 1734. The London Stock Exchange was also situated on Threadneedle Street until 2004 when it relocated to Paternoster Square.
As you might expect their is a fantastic array of shops and eateries in this area, and many of the magnificent buildings that were former banks are now very popular pubs and restaurants such as the Counting House.
Local Attractions
Bank of England Museum
The Bank of England is the central bank of the United Kingdom. Sometimes known as the ‘Old Lady’ of Threadneedle Street, the Bank was founded in 1694, nationalized on 1 March 1946, and gained independence in 1997. Standing at the centre of the UK’s financial system, the Bank is committed to promoting and maintaining monetary and financial stability as its contribution to a healthy economy.
If you want to get closer to the Bank’s history and are visiting London, the Bank’s Museum provides a unique insight into the history of the Bank and its business, alongside a great deal of material about the Bank today.
Tower of London
Discover some of the Tower’s sights and stories, whether you’re planning your visit or just wanting to learn more about this iconic palace and its history.
The Royal Exchange
The Royal Exchange was officially opened by Queen Elizabeth I who awarded the building its Royal title, on 23 January 1571. Gresham’s original building was destroyed in the Great Fire of London in 1666. A second exchange was built on the site, designed by Edward Jerman, which opened in 1669, and which was also destroyed by fire in January 1838. The third Royal Exchange building still stands on the site and adheres to the original layout – consisting of a four-sided structure surrounding a central courtyard where merchants and tradesmen could do business.
The Royal Exchange is a great place to take clients for a relaxing coffee. If you have enough time in the day they have a wide selection of shops including Tiffany & CO, Hermes, Pretty Ballerina and Watches of Switzerland.
Power League
Right in the heart of the capital is Power League, where you can go to play indoors or outdoors football. Play the beautiful game in the great outdoors. Enjoy all-weather 5-a-side football pitches, day and night. Power league provides the best platform for your football playmaking. Whether it’s a 7 or 5-a-side league you’re looking for or simply want to have a regular game with your mates they will provide you with the finest facilities for your fancy footwork. Or if you feel like a game inside forget the dodgy British climate with their state-of-the-art Soccerdomes where nothing can rain on your parade with our indoor football facilities.
Places to Eat, Drink & Hotels
Eating
Bonds (French Cusine) – 5 Threadneedle Street, London EC2R 8AY (0207 657 8088)
Apt Bar – Aldermary House, 10-15 Queens Street, London EC4N 1TX (0207 618 9020)
Pizza Express – 150 London Wall, London EC2Y 5HN (0871 703 1624)
Coq D’Argent – 1 Poultry, London EC2R 8EJ (0207 395 5000)
Pavarottis Sandwich Bar – 21 Royal Exchange, London EC3V 3LP (0207 621 1191)
Pacific Oriental – 52 Threadneedle Street, London EC2R 8AY (0871 704 4060)
Drinking
Abacus – 24 Cornhill, London EC3V 3ND (0207 7337 6767)
Pitcher and Piano – 28/31 Cornhill, London EC3V 3ND (0207 929 3989)
The Cock and Woolpack – 6 Finch Lane, London EC3V 3NA (0871 258 6421)
Hotels
Threadneedle’s Hotel – 5 Threadneedle Street, London EC2R 8AY (0207 657 8080)
Apex London – 7-9 Copthall Avenue, London EC2R 7NJ (020 7702 2020)
Interesting Facts
- The City of London is a world leader in international finance and business services.
- Financial services generated a trade surplus of more than £43bn in 2008. London’s share of the UK’s gross value added was almost 19% in 2007.
- The City of London Corporation is the organisation that supports and promotes the City and financial services in the capital and UK-wide.
- In the medieval period, the City was the full extent of London
- The City has a resident population of around 10,000, but around 330,000 people work there, mainly in the financial services sector.
- The Latin motto of the City of London is “Domine dirige nos“, which translates as “Lord, direct (guide) us“.
- The City has its own flag and coat of arms.
Business Centre Facilities