Bank station: New Cannon Street entrance opens as £700m upgrade complete

Bank station’s new entrance on Cannon Street has officially opened marking the completion of the station’s £700m refurbishment.

The new ticket hall, which opened on Monday morning (February 27) has two new lifts which provide step-free access to the Northern line for the first time.

The Cannon Street entrance, which has six new escalators, also improves access to the DLR.

Transport for London (TfL) says the upgrade has increased capacity at Bank station by 40%.

This is the “final milestone” in a hugely complex construction project which started in April 2016.

Served by five Underground lines and the DLR, Bank and Monument together are one of the busiest interchange stations on the Tube network.

TfL estimates that more than 100,000 interchanges are made at the station on a typical weekday as customers change between lines, and around 145,000 entry and exits are made at the ticket gates.

Following the completion of the Bank Station Capacity Upgrade, the two stations now have five ticket halls, nine lifts and 10 platforms.

In addition, Bank station now has 31 escalators, the largest number of any station on the Tube network.

Since the upgrade started in 2016, Bank station now has two 95m-long moving walkways between the Northern and Central lines.

These opened last October and helped passengers to save up to nine minutes on their journeys.

A new southbound platform for the Northern line opened in May last year.

The first of the improvements was a new station entrance on Walbrook.

This opened in November 2018 beside the Bloomberg building and allowed easier access to the Waterloo & City line.

In total, more than 1,000m of new tunnels were dug.

Sadiq Khan, mayor of London, said: “These extensive works have transformed Bank station into a world-class station, fit to serve a financial district of international renown.

“Londoners can now benefit from a station with 40% increased capacity, a brand-new entrance on Cannon Street and two new lifts which will deliver step-free access to the Northern Line for the first time.”

TfL commissioner Andy Lord said: “The completion of this major upgrade of one of the Tube network’s busiest interchanges is a hugely important moment for the Square Mile.

“Customers have already told us how the new interchanges are making their journeys quicker and easier.

“It’s a great reminder of how investment in our Tube network… is playing a pivotal role in helping London continue to recover from the pandemic.”