Every day, an estimated 500,000 pedestrians trundle up and down London’s glossy Oxford Street. Until this year, pedestrians have had to share the iconic road with two lanes of traffic. Following Sadiq Khan’s announcement last year that Oxford Street will begin pedestrianizing in late 2018, which will cost around £60 million.
London’s West End is currently undergoing a huge transformation, facilitated in part by the New West End Company, a global partnership of 600 business owners based in Bond Street, Oxford Street and Regent Street. According to the New West End Company, the Elizabeth line opening in December will result in 60 million additional annual visits by 2020 bringing an extra £1 billion in turnover each year.