Angel, London main economic activity of the area is retail. Secondary to this are the evening economy, leisure and education. The N1 Centre, a mixture of shops, leisure and entertainment facilities including a cinema and the O2 Academy Islington nightclub, and the City and Islington College are large examples of these categories. Towards the south is the busy Angel intersection, a road junction between the Inner Ring Road consisting of Pentonville Road to the west and City Road to the east, Islington High Street to the north, Goswell Road to the southeast and St John Street to the south. On Islington High
The Angel, Islington Co-operative Bank, and is a grade II listed building. In 1998 a new pub called the Angel, operated by J D Wetherspoon, opened at an adjacent premises. In the early 16th century, a building in this area of London on the Great North Road was known as the Sheepcote. It was named after lands belonging to St John's Priory. The building was being used as an inn by the end of the 16th century and was known as the Angel by 1614. The inn took its name from the Angel of the Annunciation which appeared on the sign. The Angel