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Mayor of London

Bank and Monument

Map of proposed changes at Bank and MonumentMap of proposed changes at Bank and Monument

By 2021 the interlinked stations will feature several new escalators, a new station entrance and more room for Northern line passengers.

Our proposals include:

  • New southbound tunnel and platform for the Northern line
  • New station entrance on Cannon Street
  • Step-free access between the Northern line, DLR and the street
  • A moving walkway for quicker and easier access
  • More lifts and escalators to ease the congestion and to improve accessibility

We developed the plans following consultations in 2011, 2012, 2013 and summer 2014.

Fact sheets used during the consultations are available on the Bank and Monument page in Publications.

These improvements are in addition to a new station entrance and step-free access to the Waterloo & City line which is scheduled to be completed earlier as part of a third party development.

Transport and Works Act Order (TWAO)

We will apply for a TWAO in summer 2014. A TWAO will authorise us to construct the works and give us some compulsory purchase powers.

Documents supporting our TWAO application, including commitments and an Environmental Statement, will be available on the Bank and Monument Publications page from September 9, 2014.


If our TWAO is granted, works could start as early as spring 2016.

Most of the work will be below ground level.

We need two main worksites from which to construct the scheme. The Cannon Street worksite will be in the block-bounded by Cannon Street, Abchurch Lane, King William Street and Nicholas Lane. It will be used to build the new station entrance, lifts and escalators, and will later be redeveloped with new offices and retail units.

The Arthur Street worksite will be used for the majority of the tunnelling works. This means Arthur Street will be closed to vehicles during the works. Access will be maintained for pedestrians and deliveries.

We aim to keep disruption to a minimum during construction and manage environmental impacts with industry best practices.

Northern line - temporary closure

We will need to close part of the Northern line in 2020 to connect new and existing sections of tunnel safely and efficiently.

Only the Northern line section between Kennington and Moorgate will be affected:

  • April - May 2020 (40 days): Line closed in both directions Kennington to Moorgate
  • May - August 2020 (77 days)
    Northbound - trains non-stopping at Bank
    Southbound - line closed Moorgate to Kennington

Alternative services

There will be room for displaced passengers on the District/Circle lines and Crossrail, which will be fully operational by 2020. In addition, Thameslink capacity will be up to 24 trains per hour between Elephant & Castle/London Bridge, Blackfriars, City Thameslink and King's Cross.

To further help passengers, we will:

  • Run 33% more trains on the Northern line Charing Cross branch
  • Review bus use and consider enhancing services where necessary
  • Investigate scope for passengers to use alternative national rail services, such as Waterloo to London Bridge, and London Bridge to Cannon Street
  • Review available walking space on the Moorgate to London Bridge pedestrian corridor


  • Summer 2014: Apply for Transport and Works Act Order (TWAO)
  • April 2016: TWAO decision
  • April 2016: Start works
  • April-August 2020: Northern line closure
  • July 2021: Works completed


Between them, Bank and Monument stations are served by five Underground lines as well as the DLR.

Currently, 96,000 passengers use Bank station during the morning peak period, about 40,000 of whom are changing between lines.

The two stations consist of three ticket halls, six lifts, 10 platforms, 15 escalators and two 300-foot moving walkways, making one of the largest and most complicated subterranean railway complexes in the world.

Email the Bank team