Fermat 48
Tunnel Vision
Bank of England, Manchester Branch (centre image, ground level)
The cotton industry was a major source of business for local banks and merchants around the start of the 19th century. Manchester’s importance as a commercial centre was recognised when the Bank of England established a branch in the town in 1826. Some 20 years later it moved into a suitably imposing new building, designed by one of the country’s leading architects, Charles Cockerell. The location was Upper King Street, almost directly opposite the old town hall. Manchester’s importance as a financial centre was further consolidated in 1836 when the Manchester Stock Exchange was opened in Exchange Street, in part to deal in the shares of the local joint-stock banking companies.
Cockerell’s Bank of England branch building (shown above) survives in King Street but it is no longer home to the bank, the latter having moved into new premises located at the junction of Portland Street and Charlotte Street in 1971.
This information was provided by Terry Wyke.
Tunnel Vision
Bank of England, Manchester Branch (centre image, ground level)
The cotton industry was a major source of business for local banks and merchants around the start of the 19th century. Manchester’s importance as a commercial centre was recognised when the Bank of England established a branch in the town in 1826. Some 20 years later it moved into a suitably imposing new building, designed by one of the country’s leading architects, Charles Cockerell. The location was Upper King Street, almost directly opposite the old town hall. Manchester’s importance as a financial centre was further consolidated in 1836 when the Manchester Stock Exchange was opened in Exchange Street, in part to deal in the shares of the local joint-stock banking companies.
Cockerell’s Bank of England branch building (shown above) survives in King Street but it is no longer home to the bank, the latter having moved into new premises located at the junction of Portland Street and Charlotte Street in 1971.
This information was provided by Terry Wyke.