The City of London is a key member of the UK's globally renowned financial sector, employing over one million people and supporting an additional 1.3 million jobs in related sectors. London hosts several of the world's leading financial firms, including major banks like HSBC and Barclays, as well as large insurance companies such as Lloyd's of London.
In this article, we will explore why a meeting room rental in London is so popular with business in financial services. We’ll also discuss the unique advantages of choosing Regus for your bookings and our top City of London meeting room locations.
City of London area guide
The City of London, often colloquially referred to as ‘The Square Mile’ given it spans just over a single square mile, is a central hub for finance in London.
It combines historical significance with a contemporary status as a global financial powerhouse. The City of London's landscape uniquely blends historic sites like the Tower of London with modern skyscrapers such as The Gherkin.
Three key areas within the City of London are:
● St Pauls: Located centrally in the City, St Pauls is notable for housing the headquarters of global financial giants, including the London Stock Exchange. Funding Circle also maintains a major presence here, as does Baker Tilly and Sterling Law.
● Barbican: At the northernmost end of the City, the Barbican is home to one of London’s liveliest business hubs. Many prestigious finance, law and commerce firms base themselves here.
Not just home to the renowned Barbican Arts Centre, it’s also a short walk away from the trendy suburb of Shoreditch.
● Moorgate: Just south of Barbican, Moorgate is considered by some to be the most influential district of the City of London.
The area has some of the world’s largest financial and legal firms in its boundaries. Here, you’ll find Lloyd’s of London, Thomas Exchange Global and Halcyon Wealth.
The financial services industry in the UK has grown beyond the historic boundaries of the Square Mile. There are now clusters of traditional institutions and cutting-edge fintechs just on the outskirts of the City.
Extending beyond the traditional boundaries of the Square Mile, financial firms and fintechs are also present in neighbouring boroughs, including:
● Tower Hill: Close to the Tower of London and London Bridge, this popular tourist area is also a centre for finance and insurance.
City workers love the picturesque St Katherine's Dock close by, a former dock with great facilities and its own yachting marina.
● Farringdon: There's been a lot of investment in Farringdon in recent years. Home to a cluster of tech firms and leading universities, this is a more affordable part of London to do business.
There is a buzz about the area day and night and it couldn't be better placed for access to the City. Farringdon is right next door to the Barbican area.
● Smithfield: Home to many financial and tech businesses, Smithfield has a great mix of bars, entertainment and nightclubs.
Famous for the giant historical meat market, the area is a foodie destination, too. Smithfield is in the east part of Farringdon, close to St Pauls and Aldersgate.
● Clerkenwell: Sitting on the edge of the City, Clerkenwell is an attractive spot for financial businesses.
Traditionally known for its printing, arts and design sectors, this is a lively, bustling and creative part of the capital. Clerkenwell is the next area north of Farringdon.
Why choose the City of London for your next meeting venue?
There can be few better places in the world to hold your next pivotal business meeting than the City of London. That’s because:
● Central location: The City's central location in London makes it an easily accessible meeting point for attendees from various parts of the city and beyond, thanks to its historic and convenient position.
● Professional atmosphere: Known for its excellence in finance, law, commerce, and investing, the City of London offers a professional atmosphere that is ideal for setting the right tone for successful business meetings.
● Well-equipped facilities: Our meeting venues in the City boast industry-leading facilities, including lightning-fast internet, top-tier AV equipment, and comfortable, stylish rooms.
● Facilitates networking: The City's high concentration of talent and proximity to international organisations, industry leaders, and seasoned investors make it a natural hub for effective networking.
● Financial world HQ: As the European headquarters for numerous international banks, insurers, and legal firms, London is the premier location for financial sector firms to hold meetings, network, and conduct business.
● Conveniently located: Easily reachable by Tube, bus and train, with excellent connections to London's airports, the City's location offers unparalleled convenience.
● Diverse venue options: The City is abundant in diverse meeting spaces, ranging from modern venues to luxury conference rooms in historic buildings.
● Cityscape views: Offering some of the best views of any capital city, London allows you to witness over a thousand years of history and progress right from your meeting venue.
How much does it cost to book a meeting room in London?
Depending on where you book your meeting room in the City of London, the cost will range from £35 an hour to £135 an hour.
Outside the City, you can hire event space and rooms by the hour from £15 per hour at our Barking centre. The next step up is £25 per hour at a range of centres like Lower Marsh, Bloomsbury Square, Vauxhall, and 12 Hammersmith Grove.
What facilities are provided in a London meeting space?
We've designed our range of meeting spaces in London to cater to your needs to make sure that every meeting is a success.
Here's what sets Regus private meeting rooms in London apart:
● A real choice: We offer a range of spaces including over 10,000 event rooms, boardrooms, training rooms, and interview rooms, allowing you to be in charge, whether you need a small meeting room or a larger conference venue in the City of London.
● Laid out how you want: You have the flexibility to configure the meeting room layout to your liking, and our team is available to assist if needed.
● Leading tech: Our meeting rooms are equipped with super-fast WiFi, flat-screen TVs, projectors, whiteboards, and flip charts to facilitate a high-tech meeting experience.
● The Regus team: Whether you require catering for your guests or need technical and administrative support, our colleagues are ready to ensure your meeting runs smoothly.
● A real welcome: Our reception team will welcome your guests, helping them with anything they need and showing them to your meeting room.
● Breakout areas: You and your guests can access the many break-out areas in our centres for informal discussions or breaks.
● Easy booking: Booking one of our 10,000 meeting rooms worldwide is straightforward via the Regus app, with the option to book in advance or on the same day.
Top meeting rooms in the City of London
Here are 11 top Regus choices for you to consider if you need to rent a meeting room for a day in London.
Cannon Street Station
Cannon Street Station is right at the heart of the City of London on the same street as Bloomberg HQ. Easy to get to, bus, Tube, and National Rail connections are moments away.
This centre boasts a spacious layout filled with the latest amenities essential for conducting key business meetings. Its high-design aesthetic not only elevates the space but also instils a sense of confidence and prestige in your business dealings, particularly with key investors and clients.
For quick impromptu post-meeting get-togethers, take advantage of the centre's many break-out areas.
The proximity to landmarks like St Paul's Cathedral enhances the prestigious appeal of meeting rooms in this area, aligning with the professional image sought by financial firms.
Highlights include:
● Prestigious location
● Designer workspace
● Choice of high-spec meeting rooms
Information about Cannon Street Station:
● Address: 60 Cannon Street, London EC4N 6NP
● Private offices: from £325 per month
● Meeting rooms: from £65 per hour
● Opening hours: 24-hour access for Private Office and Dedicated Desk members, 8:30 am to 5:30 pm weekday access for other members
● Nearest stations: Cannon Street Bus Stop MB (a two-minute walk away) and Cannon Street Station (a three-minute walk away)
Moorgate
Our striking Moorgate centre is in a towering, confident structure near the London Wall. Located right next to the Prudential Regulation Authority and a short stroll from the historic Guildhall, this centre offers access to the financial district's key institutions.
The centre's nine floors are bathed in natural light streaming through expansive windows, creating a bright, open-plan professional environment designed to impress and inspire.
Accessibility is effortless, with bus, Tube, Overground, and National Rail services available right on the doorstep, making it a convenient hub for business professionals city-wide.
Although a very modern part of London, history comes alive in the Moorgate district of the City. With its proximity to some of London's finest dining options, this area is a prime spot for both business and leisure, catering to every need of the discerning professional.
Highlights include:
● Sleek minimalist decor
● Break-out areas
● Abundance of natural light
Information about Moorgate:
● Address: 30 Moorgate, London EC2R 6DA
● Private offices: from £415 per month
● Meeting rooms: from £49 per hour
● Opening hours: Private Office and Dedicated Desk access is 24/7; Membership access during reception hours
● Nearest stations: Great Swan Alley Bus Stop (a two-minute walk away) and Moorgate Station (a five-minute walk away)
Tower 42
Tower 42 stands as a distinguished landmark in the City of London, not only marking the skyline as the third-largest skyscraper but also as a hub for some of the UK's most prominent financial and legal firms.
The stature and location of this building add a notable prestige to your business meetings, reflecting a high level of professionalism and success.
This stylish and impressive centre is easy to get to with bus, Tube and National Rail connections just moments away. For those driving, the comfort of underground parking is an added convenience.
The centre itself, with its light-filled spacious design, is outfitted with the latest furniture and offers superfast WiFi to facilitate smooth and efficient meetings.
When it's time for a break or post-meeting relaxation, you and your guests can enjoy the excellent culinary offerings of the on-site restaurant. For a more scenic experience, the champagne and cocktail bar on the 42nd floor provides a spectacular view of the cityscape, surrounded by a selection of the area's finest bars and eateries.
Highlights include:
● Gym and fitness room
● On-site lunch restaurant
● Disabled facilities
Information about Tower 42:
● Address: 25 Old Broad Street, London EC2N 1HN
● Private offices: from £415 per month
● Meeting rooms: from £65 per hour
● Opening hours: Private Office and Dedicated Desk access is 24/7; Membership access during reception hours
● Nearest stations: Wormwood Street Bus Stop Q (a three-minute walk away), Liverpool Street Station (a six-minute walk away) and Moorgate Station (a 15-minute walk away)
Bishopsgate St Helen's Place
Bishopgate St Helen’s Place is a favoured destination for financial and legal professionals seeking an ideal meeting space.
The centre boasts a direct view of the iconic Gherkin, setting a backdrop that combines contemporary style with business functionality. Its workspaces are bright and elegantly furnished, providing an optimal environment for business interactions.
With a diverse range of meeting rooms, we are equipped to accommodate all your guests, ensuring a comfortable and conducive setting for every meeting. The centre also features numerous break-out areas that are ideal for informal discussions and strategic team huddles.
Surrounding this prime location is a variety of dining optio
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