London Eye rotating at a slow speed, London, UK. London Eye is a giant Ferris wheel on the South Bank of the River Thames in London, England. Also known as the Millennium WheelThe London Eye is a giant Ferris wheel on the South Bank of the River Thames in London,England. Also known as the Millennium Wheel, its official name was originally the British Airways London Eye, then the Merlin Entertainments London Eye, and since 20 January 2011, EDF Energy London Eye following a three-year sponsorship deal.The entire structure is 135 metres (443 ft) tall and the wheel has a diameter of 120 metres (394 ft). It is currently Europe's tallest Ferris wheel, the most popular paid tourist attraction in the United Kingdom with over 3.5 million visitors annually, and has made many appearances in popular culture.