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This plaque was given by the Royal Navy in memory of Captain Ralph Douglas Binney CBE Royal Navy who, on 8 December 1944 died from injuries received, when bravely and alone he confronted violent men raiding a jeweller's shop in this lane and struggled to prevent their escape. To honour this courageous act, Captain Binney's fellow officers and other friends founded the Binney Memorial Awards for civilians of the City and Metropolitan areas of London who, in the face of great danger and personal risk, have followed Captain Binney's example and steadfastly upheld law and order.

Unveiled by HRH the Duke of Edinburgh KG KT on Thursday 4 December 1986.