Tuesday, 13 October 2026

Goodbye you came too late …. the sad story of the Bank of England

 I never drank in the Bank of England.

The Bank of England .... clinging on, 2025

It was in that space between New Islington and Holt Town.

I encountered it as a sad looking building whose customers had long gone and was hanging on for something to happen.

"See better days and do better things", 2025
That said it did have history.  

I know it was serving beer and cheer from at least 1841and I suspect will prove to be much older. 

In that year it was run by Nathan Wilson who was from Yorkshire and was 48 years old. A decade later he shared the pub with his wife, Margaret, their daughter and two bar staff.

Its estimated annual rent was £35 which put it a head of the nearby properties.

And I suppose it does rather prove the point that pubs do hang on while everything around them changes.

The area had experienced great changes, which had begun with the arrival of the Ashton and Rochdale Canals and the fast industrialization of Holt Town and then New Islington, followed by a decline in fortunes during the second half of the last century

Heading towards New Islington and the city centre, 2025

New Islington was redeveloped in the 1970s into the Cardroom Estate and then again in this century into the mix of private and social housing and apartments which today grace the area around the arms of the Ashton Canal.

Holt Town has not fared so well.

Mills, pubs and new aprtments, 2025
According to that excellent site “Modern Mooch”, Holt Town was established in 1785 “by David Holt and was “described as the only known example of a factory colony in Manchester, that is, an isolated mill complex with housing for the workers”*.

Which didn’t quite go the way Mr. Holt expected as he went bankrupt nine years later and his mill went up for sale, but the dye was set for Holt Town and to quote Modern Mooch again “The area has seen a transition, in some two hundred years or more, from a leafy rural idyll, to smoke choked industrial hell and back again".

The Bank of England out lasted its industrial neighbours as well as the Liverpool and Manchester Bank just back up Merrill Street and was still in business when the estates of publicly owned houses were being demolished.

As for now its continued presence offers a backdrop for the less than skilled art of the spray can.

The Ancoats Mill, Pollard Street, 2025

But some of that social housing which was relatively new has gone and the City Council after a period of consultation has announced  a major regeneration opportunity for Holt Town "to develop a new mixed use neighbourhood, highly sustainable with thousands of new homes of different types and tenures – from family housing through to age friendly and key worker apartments - incorporating high quality green spaces surrounding a 1km play street spine, provision of new local services, cultural opportunities, and significant affordable workspace. 

Situated along the Medlock Valley between the bustling areas of Ancoats and New Islington and the dynamic zones of Sports City and the Etihad Campus, investment in Holt Town will unlock a missing link".**

All that is left of the Bank of England, 2026
And all of that led me to assume that if the pub didn’t fall down and could avoid the eye of a developer it might just hang on till the Holt Town Renaissance and could then do what it used to do ….. offer up beer and maybe interesting plates of food to a new clientele.

But alas no.  

It has gone as Steve Marland’s picture posted today on social media testifies. ***

I remember writing back in April of last year that it might survive, which was not to be.

Location on the borders of New Islington and Holt Town

Pictures, The Bank of Englad and surrounding area, 2025 from the collection of Andrew Simpson all that is left, 2026, courtesy of Steve Marland

*Holt Town Manchester – Part One, February 9, 2017, Modern Mooch, https://modernmooch.com/2017/02/09/holt-town-manchester-part-one/

And

Part Two, May 1st, 2020, https://modernmooch.com/2020/05/01/holt-town-part-two/

**Major Holt Town regeneration programme proceeds following public consultation January 25th, 2025, https://www.manchester.gov.uk/news/article/9623/major_holt_town_regeneration

***On encountering Holt Town, https://chorltonhistory.blogspot.com/2025/04/on-encountering-holt-town.html

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