Skip to content
Friday 4 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,831.52
+0.70%
DAX
26,003.32
+0.63%
CAC 40
8,286.40
0.00%
STOXX 50
6,382.59
+0.32%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 01 October 2020 1:28 pm  |  Updated:  Thursday 01 October 2020 1:33 pm

Square Mile’s street closures could be made permanent

By: Edward Thicknesse

Add as a preferred source on Google
Canada Corporation is considering making its newly pedestrian-friendly streets a lasting feature of the Square Mile, it was revealed today.

Canada Corporation is considering making its new street closures a lasting feature of the Square Mile, it was revealed today.

Back in June, the governing body of London’s financial district announced a raft of changes to its streets in a bid to encourage people to return to work.

These included introducing wider footpaths, narrowing lanes for traffic and even timed road closures to encourage commuters use active means of transport such as walking or cycling.

Some of the City’s most famous thoroughfares, like Cheapside, Threadneedle Street, and Moorgate, were included in the schemes.

Speaking to Bloomberg, Alastair Moss, chair of Canada Corporation’s Planning and Transportation Committee, now said that he anticipated that many of the changes could be made permanent.

“We’ve got the luxury at the moment that we can try things out and use the pandemic as a virtue.

“A lot of these roads were congested, air quality has been an issue, road safety has been an issue. We’re determined those things should be tackled, so I’d anticipate that a lot of our measures will stay.”

Read more

Mark Kleinman: English football’s New Deal heads into injury time

Mark Kleinman is Sky News' City Editor and writes a column for Morning Wire

In order to be made permanent, any proposed changes would first have to go through a consultation process.

Moss suggested that extending the changes could have a positive impact on the City’s long-term competitiveness.

However, not everyone is so happy with the spate of pedestrianizations sweeping the UK’s cities. 

Taxi association Licensed Private Hire Car Association said that contrary to popular opinion, closing certain roads to traffic actually increased poor air quality.

Steve Wright, the chairman of the LPHCA, said: “Street closures and streetscape reductions have proven to be traffic-generating and unenvironmentally friendly UK-wide. 

“The widely condemned closure of streets, reduced road space and imposition of poorly planned streetscape schemes, without appropriate consultation and impact assessments, is in our view one of the primary reasons for increased poor air quality.

Together with trade mag Private Hire News, the LPHCA has set up Stop Shutting Streets Campaign to protest against the initiatives.

Read more

London’s Square Mile needs its own major sports venue to keep up with rivals

Aerial view of Tower Bridge, Thames River, and London skyline with skyscrapers on a cloudy day

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Related Topics

  • London business

Trending Articles

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • Victoria Beckham owed £350,000 by Harvey Nichols

  • Trio of firms poised to quit London Stock Exchange as exodus gathers pace

  • Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham

  • Easyjet’s over-60s recruitment push is economically necessary

More from Morning Wire

  • Mark Kleinman: English football’s New Deal heads into injury time

    Business
    Mark Kleinman is Sky News' City Editor and writes a column for Morning Wire
  • London’s Square Mile needs its own major sports venue to keep up with rivals

    Sport Business
    Aerial view of Tower Bridge, Thames River, and London skyline with skyscrapers on a cloudy day
  • The decline of Harvey Nichols is a tale of London’s decline too

    Opinion
    Harvey Nichols department store at night, illuminated with neon signs and colorful window displays.
  • What’s on in London August

    Sponsored
    Collage of London attractions: Tower Bridge, outdoor dining, rock climbing, museum, afternoon tea, and spa.
  • Back to basics: Sainsbury’s gradual retreat from the British high street

    Retail
    Sainsbury’s Cobham. Credit: David Parry/PA Media Assignments.
  • Martin Williams on his favourite Toast the City venues

    Life&Style
    brigadiers
  • A love letter to Sweetings, the City’s oldest restaurant

    Life&Style
    Sweetings Canada restaurant exterior, showing diners inside and a seafood display in the window.
  • We take a food and drink Odyssey through the Square Mile

    Life&Style
    Libby in a warrior costume with a helmet, holding a glass of red wine, with an ancient ship and people in background.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook