The Royal Exchange building in Manchester has been a cornerstone of the city centre for hundreds of years.
Once a hub for trading cotton and textiles, the Grade II-listed building is now home to restaurants, cafes, independent retailers and big brands.
The Royal Exchange’s beautiful arcade is lined with everything from jewellers to menswear boutiques, while other operators face out onto the famous St Ann’s Square, Market Street, Old Bank Street, or Cross Street.
It’s a place to eat, drink and shop, for everything from a quick lunch to a leisurely afternoon tea with friends.
Here’s a guide to some of the places to check out at The Royal Exchange in Manchester.
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Image: The Royal Exchange Manchester
Sostrene Grene
Often dubbed ‘little Ikea’, Sostrene Grene is a popular Danish home and lifestyle store.
This is the perfect place to pick up affordable things for your home and garden, selling everything from furniture to party supplies to gardening gear to candles.
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The Whisky Shop
This decadent shop facing out onto Exchange Street is a haven for all things whisky.
The Whisky Shop is a specialist whisky retailer selling popular brands as well as rare bottles, plus glasses, decanters, and cocktail recipe books.
Image: Annie’s Manchester
Annie’s
This is one of Manchester’s cosiest and most traditional tearooms, serving finger sandwiches, scones, sponges and tarts and popular Afternoon Teas.
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It also happens to be owned by Coronation Street star Jennie McAlpine and her husband.
Arthur Kay Jewellers
Arthur Kay Jewellers has been in the Royal Exchange for more than 125 years, making it the oldest shop in the building.
Standing on the corner of Market Street and St Ann’s Square, the family-run business sells new and pre-owned jewellery and watches at affordable prices.
BBC Podcast host Adeola Patronne pictured at Jenny Jones Jewellery. The retailers helped get her glammed up for a shoot with @hoodrichuk and @footasylum. / Image: Jenny Jones Jewellery
Jenny Jones Jewellery
This jewellers is also one of The Royal Exchange’s staple stores, with more than 40 years of trade in the building, and is the longest standing shop in the building.
Jenny Jones Jewellery started life as an antiques stall, back when the basement of the building was a popular shopping centre for stalls and cafes.
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The Butcher’s Chop Shop
One of Manchester’s coolest barbers has taken up a unit in the arcade, creating a modern space with white tiled walls and a pink neon pig artwork.
Matt Bambroffe and Steve Ward, the pair behind the Butcher’s Chop Shop, also own Jersey Street Social Club in Ancoats.
Just because you might have dietary requirements, doesn’t mean you can’t enjoy the simple pleasures of cake.
The Remedy Kitchen is a free-from cafe specialising in a dairy-free, gluten-free and refined sugar-free menu.
To find out more and to start planning your day out at the Royal Exchange in Manchester, visit https://www.theroyalexchangemanchester.com/stores/
Feature image – The Royal Exchange Manchester
City Centre
Manchester rent is now ‘41% more expensive than five years ago, according to a recent study
Danny Jones
Yes, that’s right, as per some of the latest data on leased housing in central Manchester, it’s now approximately 41% more expensive to rent here than it was half a decade ago.
If you’ve lived in and around the city centre for long enough, chances are that you’ve already been feeling that difference, especially of late.
The ongoing cost-of-living crisis roughly began in 2021, following the economy and the world essentially opening back up after multiple lockdowns, so it’s little surprise that new research has shown affordability when it comes to renting has been on a slump ever since, too.
As well as the price of seemingly most things in everyday life going up post-pandemic, the average rental rate for even just a one-bedroom flat/apartment has jumped up significantly between 2020 and 2025.
Even some ‘available’ housing in town is being hampered by claddin (Credit: Valienne via WikiCommons)
That’s according to the numbers crunched by credit card experts, Zable, anyway.
Not only did their recent report cite the rent prices going up even before the cost of living crisis – essentially following the outset of the Covid-19 outbreak – but if their figures, the rate of inflation and the unwaveringly high demand for housing are anything to go by, this trajectory is likely to continue in 2026.
As of February this year, around one in three UK households is now a single-person occupancy, which already comes with its challenges (the Manchester City Council tax discount being a thin lifeline for countless), not to mention energy bills and the cost of groceries continuing on an upwards trend.
Put in the simplest and most reductive terms, it’s now almost £300 dearer for most people to live on their own than it was back in 2020, and besides Liverpool clocking in as second on the list of increasingly expensive cities to live (a 42.12% increase), Manchester came in third.
You can see the full table down below:
Rank
City
% increase – 2020-2025
Difference from 2020 to 2025 in £
Average rental cost for a 1 bed 2025
1
Newport
47.39%
£2,611
£8,121
2
Liverpool
42.12%
£2,290
£7,727
3
Manchester
41.00%
£3,364
£11,569
4
Edinburgh
40.28%
£4,620
£16,090
5
Leicester
39.93%
£2,391
£8,379
6
Wolverhampton
39.22%
£2,049
£7,273
7
Nottingham
39.07%
£2,400
£8,543
8
Glasgow
38.02%
£2,679
£9,725
9
Colchester
37.63%
£2,617
£9,572
10
Cardiff
37.06%
£2,828
Average rental cost for a 1-bed 2025
Another fear is that with lots of people finding it hard to manage living in other major cities like London, even those moving to Manchester are also having an impact on how available affordable housing is here.
That’s why schemes such as the new ‘social rent’ development over in Wythenshawe are so important to the current generations of renters, with the possibility of owning your own property in the future becoming increasingly difficult for so many.
It’s also worth noting that Manchester ranked fourth among the British locations where the cost of living is said to have increased the most over the past five years, with the average difference in annual spend growing by an estimated 22.84%.
The Speak In Code team ‘Double Down’ on their cocktail making craft with new basement bar
Danny Jones
Just over on Jackson’s Row, an often overlooked side street in Manchester city centre, cult favourite late-night drinking spot and cocktail connoisseurs, Speak In Code, have just launched a new basement bar called Double Down, and it’s already living up to its title.
Taking that moniker seriously, not just in name but by nature, Double Down is an entirely new concept that is centred around just a few core but simple pillars: really good drinks, great service, and strictly “no gimmicks”; they save all that for behind the curtain.
Oh, and hip-hop – they love great, old school hip-hop, and it really does add to the overall levels of chill.
There’s a lot of focus and decades of expertise that go into this place, but fortunately, they’ve done all the work for you, and far ahead of time, meaning you don’t have to think; you can just drink.
If you’ve been to SiC, it’ll feel familiar, but they’re taking things a step further (Credit: The Manc Group)
In here, cocktails aren’t just treated like part of the menu or even ‘an art’, as so many places claim these days: this is pure science and craftsmanship approached with the utmost calm and precision, and it shows in the whole experience.
From freezing and carefully cutting their own ice with a rather large state-of-the-art machine and batching their own mixes served on tap – you heard us right – to perfecting aromatics and distillates with chemistry set-ups that Heisenberg would be proud of, we were blown away by the attention to detail.
They’re even training up an ex-alum from another award-winning bar in Manchester to specifically become their ice expert, with each different type of cube, ball, oblong, crush, etc. adding its own effect.
Seriously, it’s the real deal in here…
For instance, all of their various and equally delicious mixes are kept at different pressures and temperatures on separate taps. It takes 28 hours in the full cycle, but just six seconds to pour, saving everyone time so they can crack on with the good times.
We’ve seen the ‘pornstar martini on draught’-type approach before, but nothing quite like this.
There’s a whole workshop with chemistry flasks and beakers behind creating these. (Credit: The Manc)
As well as monitoring the gauges on a regular cycle like clockwork and preparing literal gallons’ worth of the stuff in advance, they’ve also got single lines for everything (yes, even the Guinness), so not a drop is anything less than perfection.
They still, of course, have very gifted bartenders making things in front of you for those who love watching magicians at work, but these batched drinks are designed not only to maximise flavour but also the amount of time you spend with your people, sipping your bevs and enjoying the truly charming room.
It’s also more than capable of turning the party levels up when called upon; the hope is that the capacity will soon jump up above 140, plus they’re already gearing up to replace some of the tables and chairs with extra comfy booths, bank seating and other 1970s-influenced flourishes.
Best of all, although this is a super stylish and laid-back, mid-century modern space, with low-lit vibes – not to mention the utmost lo-fi soundtrack you’ll find in town – you’re invited to take as much interest in the full process as you like.
They don’t just love this stuff; they live for it, and to repeat a phrase that the team themselves have taken to using, your job is simple: “Don’t think, just drink.”
You’ll have to visit for yourself and walk over ‘The Well’. (Credit: The Manc)
Daisy Jackson -
20th May 2022 
