I love pictures like this! This features a traffic jam in Piccadilly Circus in 1901. Amazing! Click the image for a full sized version.
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It’s not Piccadilly Circus, it’s Bank Junction. The building on the left, with the clock on it, is No 1 Cornhill, and the building on your right is Mansion House, the home of the Lord Mayor of London. The Bank of England is opposite to your left, just out of shot.