The Arbitrager

The Story

Tucked into a corner of the Grade II* listed Drapers' Hall building near the old Stock Exchange, the Arbitrager took its name from 1980s City trading-floor culture. The site traded as a pub through the 1980s before falling into disrepair; it reopened in 2015 under independent ownership with a self-imposed rule that every beer, wine and spirit it served had to be made within the M25 — a virtue during the 2010s London craft boom, but a ceiling once the best UK beer started coming from further afield. Closed 2026. The lease was sold in August 2025 through Christie & Co to Tony and Catherine Bennett of Little Teapot Taverns, who also run the Devereux in Temple — the outgoing operator had held it nineteen years. The site trades today as The Barrow: independently run, with Greene King beer on the bar. Untappd has not recognised that change — venue 2635608 is still titled "The Arbitrager" — so the id and the tap list stay on this record until it does. Check-ins recorded here were genuinely poured under the old name and stay.