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 University. Finsbury merged with the Metropolitan Borough of Islington to form the London Borough of Islington in 1965 and ownership of the site passed to the Greater London Council. The proposals for demolition of the site along with road changes were opposed by Homes before Roads and the Islington Society. Plans to alter the intersection and create a layout similar to that at Old Street roundabout were abandoned and the building was saved from demolition. The Greater London Council sold the building to the New River Company, with the property becoming part of the London Merchant Securities portfolio. The building