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Wednesday 25 February 2026 10:17 am  |  Updated:  Tuesday 24 February 2026 6:18 pm

Morning Wire’s Pub of the Week: The Abitrager

By: Steve Dinneen

Life&Style Editor

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The Arbitrager in the Square Mile

This week’s Pub of the Week is The Abitrager on Throgmorton Street

The Arbitrager is one of those pubs that feels so inextricably linked to the Square Mile that it couldn’t exist anywhere else. As many readers of this newspaper will know, arbitrage is the buying of a commodity in one market and selling it for a profit in another, the name reflecting both its clientele and its proximity to the old stock exchange.

The pub is perhaps most notable for its size: located in the Grade II listed Draper’s Hall, it’s shaped like an envelope and isn’t much bigger. There’s a bar at the back, a handful of seats along the side, with the layout repeated downstairs. It has a proper ‘hidden London’ feel despite being slap-bang in the middle of the City.

It’s been around for as long as anyone can remember: it was a members’ bar back in the 80s and a favourite of the barrow boys in the 90s before falling into disrepair. It was bought by its current, independent owners in 2015 and given a complete refurb by design studio Moxy & Co.

On days like yesterday, when the sun finally agrees to make an appearance, there’s space outside to gather down the ancient alleyway that is Throgmorton Street, pint perched atop a converted beer barrel, wind gently tousling your hair. This is the life, isn’t it?

Pub of the Week: what makes The Arbitrager unique?

Everything sold here, from pints to spirits, is made in London, including all the draft beers and ales and more than 40 gins. There’s a not-insignificant cocktail list on offer, too. We at Morning Wire tend to use it as a bridge pub between our office on the southern limits of the Square Mile and the bustle of Liverpool Street, Moorgate and beyond.

Read more: ‘Hundreds of outdoor drinkers’: Morning Wire’s Pub of the Week is The Wren on Watling Street

Read more: Pub of the week: Toast Award-winner The Rising Sun on Carter Lane

Read more

Roasting heat putting Brits off roasts, warns Toby Carvery owner

Close-up of a plated roast dinner with meat, roasted potatoes, peas, carrots, and gravy on a white plate

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