The church of St Peter upon Cornhill stands on the highest point of the City of London. A tradition grew up that the church was of very ancient origin and was the seat of an archbishop until the coming of the Saxons in the 5th century, after which London was abandoned and Canterbury became the seat for the 6th-century Gregorian mission to the Kingdom of Kent. The London historian John Stow, writing at the end of the 16th century, reported "there remaineth in this church a table whereon is written, I know not by what authority, but of a late hand, that King Lucius founded the same church to be an archbishop's see metropolitan, and chief church of his kingdom, and that it so endured for four hundred years". The "table" seen by Stow was destroyed when the medieval church was burnt in the Great Fire of London, but before this time a number of writers had recorded what it said. The text of the original tablet as printed by John Weever in 1631 began:
Be hit known to al men, that the yeerys of our Lord God an clxxix . Lucius the fyrst christen kyng of this lond, then callyd Brytayne, fowndyd the fyrst chyrch in London, that is to sey, the Chyrch of Sent Peter apon Cornhyl, and he fowndyd ther an Archbishoppys See, and made that Chirch the Metropolitant, and cheef Chirch of this kingdom...
A replacement, in the form of an inscribed brass plate, was set up after the Great Fire and still hangs in the church vestry. The text of the brass plate has been printed several times, for example by George Godwin in 1839, and an engraving of it was included in Robert Wilkinson's Londina Illustrata. In 1444 a "horsemill" was given to St Peter's. The bells of St Peter are mentioned in 1552, when a bell foundry in Aldgate was asked to cast a new bell.
Present building
The church was badly damaged in the Great Fire of London in 1666. The parish tried to patch it up, but between 1677 and 1684 it was rebuilt to a design by Christopher Wren at a cost of £5,647. The new church was shorter than its predecessor, the eastern end of the site having been given up to widen Gracechurch Street. St Peter's was described by Ian Nairn as having "three personalities inextricably sewn into the City". The eastern frontage to Gracechurch Street is a grand stone-faced composition, with five arched windows between Ionic pilasters above a high stylobate. The pilasters support an entablature; above that is a blank attic storey, then a gable with one arched window flanked by two round ones. The north and south sides are stuccoed and much simpler in style. Unusually, shallow 19th-century shops have survived towards Cornhill, squeezed between the church and the pavement. The tower is of brick, its leaded cupola topped with a small spire, which is in turn surmounted by a weather vane in the shape of St Peter’s key. The interior is aisled, with square arcade piers resting on the medieval pier foundations. The nave is barrel vaulted, while the aisles have transverse barrel vaults. Unusually for a Wren church, there is a screen marking the division between nave and chancel. This was installed at the insistence of the rector at the time of rebuilding, William Beveridge. St Peter's was formerly the regimental church of the Royal Tank Regiment, having been adopted as such in 1954 at the suggestion of the then rector, Douglas Owen, who had served as a Padre with the regiment. Since 2007 the regimental church has been St Mary Aldermary. The church was designated a Grade I listed building on 4 January 1950. It is now a satellite church in the parish of St Helen's Bishopsgate and is used for staff training, bible studies and a youth club. The St Helen's church office controls access to St Peter's. Charles Dickens mentions the churchyard in Our Mutual Friend. A theatre group called The Players of St Peter were formed at the church in 1946 and performed there until 1987. They are now based at St Clement Eastcheap where its members perform medieval mystery plays each November.
In June 1834 14-year-old Elizabeth Mounsey became the organist of St Peter's. She remained in the position for 48 years, until her resignation in 1882. The organ in the gallery of St Peter's has an autographed souvenir quote from a J.S. Bach Passacaglia on display, which Felix Mendelssohn gave to Mounsey on 30 September 1840 after he gave an impromptu performance on the church's organ.