New Wolseley restaurant comes as Square Mile aims to become leisure hotspot after drop in worker footfall
London’s financial district is pressing ahead with efforts to redefine itself as a destination for restaurant-goers, day trippers and tourists. Photograph: iStockAt 7am on Wednesday, the Wolseley, a West End diner frequented by a mix of financiers, dealmakers and celebrities, will throw open the doors to its first outpost in the City of London.
But in the past year the district has stemmed the tide – losing just 1.3 per cent of its sites, the lowest rate of decline for any inner London district. One Lombard Street, a brasserie located opposite the Bank of England, had its best trading day in its 25-year history in mid-October, recording just more than £60,000 in turnover. A few streets away, almost 2,000 diners visited steak restaurant Hawksmoor’s City outlet in the last week of October, 15 per cent higher than the same week in 2019, when it did not open on weekends.
Jessen said that in the middle of the week, regulars “come for breakfast, go and have meetings, come back for lunch and then a drink in the afternoon. You can spend a lot of money in one restaurant”.
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