Ward in City of London, England
| Coordinates: | 51.515, -0.095 |
|---|---|
| OS grid ref: | TQ 32 81 |
| Dialling code: | 020 (London) |
Cheap is one of the compact, historic wards at the heart of the City of London in England. Its name derives from the Old English word for market and it centres on Cheapside, a medieval market street that still hosts several livery company halls and the church of St Mary-le-Bow, famous for the Bow Bells.
Today Cheap is a busy commercial and retail strip within the financial district, where modern office developments sit alongside rebuilt historic facades after the Great Fire of 1666; it adjoins key City institutions such as the Bank of England and supports a large daytime workforce while having a relatively small resident population. The result is a distinctive mix of market legacy, livery-company tradition and contemporary City life.