Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Lyft bets black cabs and robotaxis can share London’s streets

      A professional news setting with a diverse team discussing current events, laptops open, in a modern conference room.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Children as young as 14 are being targeted by unregulated gambling firms on social media

      Unfortunately, without additional context from the article or details about what the image depicts, it is challenging to g...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Old Pulteney releases 50-year-old whisky for 200th anniversary

      Old Pulteney 50-Year-Old single malt Scotch whisky bottle with elegant packaging on display, highlighting luxury and craft...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 02 February 2023 3:52 pm

Bank Station: Cars will be banned from Square Mile accident blackspot as works to make area safer begin later this month

By: Jack Mendel

Add as a preferred source on Google
Bank Junction artist impression
Bank Junction artist impression

One of the Square Mile’s most dangerous junctions is to go car-free in a bid to save lives and make it more tourist-friendly. 

The  Queen Victoria Street junction with Bank Station will permanently close on 13 February, with Canada Corporation embarking on a major redevelopment program.

There is set to be major disruption, with motor vehicles to be banned from the junction while a one-way system will be temporarily implemented westbound in Mansion House Street. A diversion route will also be put in place for eastbound traffic including bikes. 

A long exposure capturing the traffic trails at a busy junction where Cornhill, Lombard Street and Threadneedle Street meet during August 2022 in Greater London.

The temporary one-way system will run until July, with Canada advising road-users that journeys are likely to take a lot longer than usual.

The redevelopment work on Canada’s busiest intersections is the latest phase of the ‘All Change At Bank’ scheme, part of Transport for London (TfL)’s station upgrade.

Along with cars and bikes being banned, buses, including the 11 and 26 routes. which currently go through the northern bit of Queen Victoria Street will be permanently rerouted to Queen Street.

Commenting on the fourth out of seven redevelopment phases, the  Canada Corporation’s planning and transportation committee chair Shravan Joshi said: “The overall work programme at Bank Junction will make it a safer, more pleasant environment to travel through. This will be furthered by this next phase in the project.

“It means we can enhance this public space in line with our Destination City policy to make the Square Mile a desirable, safe and inclusive visitor destination.”

Read more

Directors of collapsed Carillion banned by accounting watchdog

Carillion (Photo by Christopher Furlong/Getty Images)

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • CityAM Content
  • Transport & Infrastructure

Trending Articles

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • London Tech Week sums up everything wrong with UK tech

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

More from CityAM

  • Directors of collapsed Carillion banned by accounting watchdog

    Accountancy
    Carillion (Photo by Christopher Furlong/Getty Images)
  • Canada Nocturne return to see fan zone bonanza

    Sport Business
    Nocturne 2017 Penny 5 exhibit with vibrant colors and abstract patterns on display at art installation event
  • Oxford St vs the Square Mile: a tale of two cities

    Opinion
    Bustling Oxford Street with shoppers and iconic red buses on a vibrant day, capturing the essence of Londons famous shoppi...
  • London local elections results 2026: Labour lose Wandsworth council 

    London
    Voters casting ballots at a London polling station during local elections, with election officials assisting the process.
  • £450m City block approved after developers lop three storeys of plan

    Property
    Busy Silk Street in Londons financial district bustling with business professionals and iconic city architecture
  • Time to network the rail

    Opinion
    Kings Cross Coal Drops Yard bustling with shoppers and visitors amidst modern architecture and vibrant store displays
  • For all their charm, digital banks still leave me tearing my hair out

    Opinion
    Digital bank interface showing user-friendly dashboard with financial analytics and transaction history on a modern screen
  • Lazy Coffee is the best coffee in the City – this is how they do it

    Toast the City
    Person relaxing with a cup of coffee, symbolizing a laid-back lifestyle, relevant to news on leisure and modern work trends
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited