Westminster really seems to have some sort of fever for redesiging its major junctions at the moment. Piccadilly Circus is next, according to the BBC:
Piccadilly Circus will be made pedestrian-friendly as part of a £14m revamp, which will rid the busy central London junction of guard railings.
Westminster Council approved the plan that will see the area go back to what it looked like in 1963, as more than one kilometre of railings are uprooted.
A central island will be built along Piccadilly and Pall Mall and two-way traffic will be reintroduced.
Meanwhile, the firm that planned the revamp of Oxford Circus last year (previously) reports that it’s worked out:
The Atkins-designed Oxford Circus diagonal crossing has proven an instant success with reduced pavement congestion, a doubling of walking speeds and one in six visitors using the diagonal routes.