We are pleased to inform you of a change to the existing traffic restrictions at Bank, which will allow licensed (Black) taxis to travel across Bank Junction. Starting Monday, 28 July, licensed taxis will be allowed to travel eastbound from Poultry to Cornhill, Monday to Friday, between 7:00 a.m. and 7:00 p.m. on an experimental basis.

However, Leadenhall Street will be closed westbound from the same date to facilitate highway works associated with the 1 Leadenhall Street Development, near the junction with Bishopsgate. This means that it will not be possible for licensed taxis to enter Cornhill and travel westbound across the junction as intended by the experimental traffic order.

Once these highway works are completed, which is anticipated to be in October 2025, licensed taxis will then be able to enter Cornhill and travel westbound through the junction towards Poultry. No other changes to the existing restrictions at Bank are being made as part of this experiment.

Following the reopening of Leadenhall Street, the experiment at Bank will be fully operational, and a public consultation will be held over a six-month period, beginning in October 2025. A period of monitoring will also start to assess the impacts and benefits of this change.

It is anticipated that a report on the findings of the consultation and the outcomes of the monitoring will be submitted for consideration by the Planning and Transportation Committee in autumn 2026. This will determine whether the changes are made permanent or not.

We appreciate your attention to these changes, and further information regarding public consultation for this experimental traffic order will be circulated nearer the time.

If you wish to stay up to date – www.cityoflondon.gov.uk/allchangeatbank/