|Cheapside new design. Look how the van passes the chap on a cycle|
Late last year, the City of London agreed a project to "[improve the] safety and convenience of the travelling public, especially those in buses and those on pedal cycles".
Pictured left, the results of that project. If you look carefully, you can see that the pavements have been widened, resulting in a much narrower road. The intention was to Reduce motor vehicles dominance and traffic speeds and to make it safer and easier to cycle and walk here.
Why make cycling easier here? Well, according to the Sunday Times: "