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Financial district in london

· 13.03.2020

financial district in london

The office towers of the financial services sector cluster tightly in the historic central business district of the City. Banking, insurance, maritime services. London remains the top global financial centre, according to a study from its own financial district, but is outgunned by New York and. The five major business districts in London are. NON INVESTING SUMMING AMPLIFIER ANALYSIS OF DATA Link you provided: Code:. Integration with commonly caused an icon 12 and desktop, and sure you create an to the desktops made. There is a problem. We do like I included in problem with the laptop want I and will the future database updates.

The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. How we can help Contact us. Share or comment on this article: London crowned top global financial district for second year in a row e-mail 7. Toggle Search. Comments 7 Share what you think. View all. More top stories. Gresham House's Ken Wotton on why he gets stuck in to back small companies that can win big The hunt for exceptional companies that bring disruption and big returns: Baillie Gifford US Growth's Kirsty Gibson Where investors can profit in the dividend recovery- the firms bringing back payouts for shareholders Investing in the best of British smaller companies can pay off in the Covid recovery: Georgina Brittain 'Crypto is the poster child of empty calorie speculation': Barry Norrison how inflation could affect growth stars, value shares and bitcoin Are Lloyds, NatWest, Barclays and HSBC primed for recovery profits - and will investors ever fall back in love with bank shares?

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Get a discount code to save on your internet security. Currys - Offers and deals. Discover a range of promo codes on kitchen appliances. It owns land beyond its boundaries, including open spaces parks, forests and commons in and around Greater London, including most of Epping Forest and Hampstead Heath. The Honourable The Irish Society , a body closely linked with the corporation, also owns many public spaces in Northern Ireland.

The city has its own independent police force, the City of London Police —the Common Council the main body of the corporation is the police authority. The city has one hospital, St Bartholomew's Hospital , also known as 'Barts'. Founded in , it is located at Smithfield , and is undergoing a long-awaited regeneration after doubts as to its continuing use during the s.

The city is the third largest UK patron of the arts. It oversees the Barbican Centre and subsidises several important performing arts companies. The London Port Health Authority, which is the responsibility of the corporation, is responsible for all port health functions on the tidal part of the Thames , including various seaports and London City Airport.

The City's flag flies over Tower Bridge, although neither footing is in the city. The size of the city was constrained by a defensive perimeter wall, known as London Wall , which was built by the Romans in the late 2nd century to protect their strategic port city. However the boundaries of the City of London no longer coincide with the old city wall, as the City expanded its jurisdiction slightly over time. During the medieval era, the city's jurisdiction expanded westwards, crossing the historic western border of the original settlement—the River Fleet —along Fleet Street to Temple Bar.

The city also took in the other "City bars" which were situated just beyond the old walled area, such as at Holborn, Aldersgate, West Smithfield , Bishopsgate and Aldgate. These were the important entrances to the city and their control was vital in maintaining the city's special privileges over certain trades. Most of the wall has disappeared, but several sections remain visible. A section near the Museum of London was revealed after the devastation of an air raid on 29 December at the height of the Blitz.

Other visible sections are at St Alphage , and there are two sections near the Tower of London. The River Fleet was canalised after the Great Fire of and then in stages was bricked up and has been since the 18th century one of London's " lost rivers or streams ", today underground as a storm drain. The boundary of the city was unchanged until minor boundary changes on 1 April , when it expanded slightly to the west, north and east, taking small parcels of land from the London Boroughs of Westminster , Camden , Islington , Hackney and Tower Hamlets.

The main purpose of these changes was to tidy up the boundary where it had been rendered obsolete by changes in the urban landscape. In this process the city also lost small parcels of land, though there was an overall net gain the City grew from 1. Most notably, the changes placed the then recently developed Broadgate estate entirely in the city. Southwark , to the south of the city on the other side of the Thames , was within the City between and as the Ward of Bridge Without , a situation connected with the Guildable Manor.

The city's administrative responsibility there had in practice disappeared by the mid- Victorian period as various aspects of metropolitan government were extended into the neighbouring areas. Today it is part of the London Borough of Southwark. The Corporation of the City of London has a full achievement of armorial bearings consisting of a shield on which the arms are displayed, a crest displayed on a helm above the shield, supporters on either side and a motto displayed on a scroll beneath the arms.

The coat of arms is " anciently recorded " at the College of Arms. The arms consist of a silver shield bearing a red cross with a red upright sword in the first quarter. They combine the emblems of the patron saints of England and London: the Cross of St George with the symbol of the martyrdom of Saint Paul. However the arms were in use some months before Tyler's death, and the tradition that Walworth's dagger is depicted may date from the late 17th century.

The Latin motto of the city is " Domine dirige nos ", which translates as "Lord, direct us". It is thought to have been adopted in the 17th century, as the earliest record of it is in A banner of the arms the design on the shield is flown as a flag. The City of London is the smallest ceremonial county of England by area and population, and the fourth most densely populated. Of the English districts , it is the second smallest by population , after the Isles of Scilly , and the smallest by area.

It is also the smallest English city by population and in Britain, only two cities in Wales are smaller , and the smallest in the UK by area. The elevation of the City ranges from sea level at the Thames to Between them ran the Walbrook , one of the many "lost" rivers or streams of London another is the Fleet. Beginning in the west, where the City borders Westminster, the boundary crosses the Victoria Embankment from the Thames, passes to the west of Middle Temple , then turns for a short distance along Strand and then north up Chancery Lane , where it borders Camden.

As it crosses Farringdon Road it becomes the boundary with Islington. It continues to Aldersgate , goes north, and turns east into some back streets soon after Aldersgate becomes Goswell Road , since embracing all of the corporation's Golden Lane Estate. Here, at Baltic Street West, is the most northerly extent. The boundary includes all of the Barbican Estate and continues east along Ropemaker Street and its continuation on the other side of Moorgate , becomes South Place.

It goes north, reaching the border with Hackney, then east, north, east on back streets, with Worship Street forming a northern boundary, so as to include the Broadgate estate. The boundary then turns south at Norton Folgate and becomes the border with Tower Hamlets.

It continues south into Bishopsgate , and takes some backstreets to Middlesex Street Petticoat Lane where it continues south-east then south. It then turns south-west, crossing the Minories so as to exclude the Tower of London , and then reaches the river. It then runs up the centre of the Thames, with the exception that Blackfriars Bridge falls within the city; the City controls London Bridge as part of Bridge ward but only half of the river underneath it.

The boundaries are marked by black bollards bearing the city's emblem, and by dragon boundary marks at major entrances, such as Holborn. A more substantial monument marks the boundary at Temple Bar on Fleet Street. In some places, the financial district extends slightly beyond the boundaries, notably to the north and east, into the London boroughs of Tower Hamlets, Hackney and Islington, and informally these locations are seen as part of the "Square Mile".

Since the s the eastern fringe, extending into Hackney and Tower Hamlets, has increasingly been a focus for large office developments due to the availability of large sites compared to within the city. The city has no sizeable parks within its boundary, but does have a network of a large number of gardens and small open spaces, many of them maintained by the corporation. These range from formal gardens such as the one in Finsbury Circus , containing a bowling green and bandstand , to churchyards such as St Olave Hart Street , to water features and artwork in courtyards and pedestrianised lanes.

There are a number of private gardens and open spaces, often within courtyards of the larger commercial developments. The Thames and its riverside walks are increasingly being valued as open space and in recent years efforts have been made to increase the ability for pedestrians to access and walk along the river. Now St. James Park provides the nearest official readings. This generally causes higher night-time minima than outlying areas. For example, the August mean minimum [50] of All figures refer to the observation period — Accordingly, the weather station holds the record for the UK's warmest overnight minimum temperature, Unusually, this temperature was during a windy and snowy cold spell mid-January , rather than a cold clear night—cold air drainage is arrested due to the vast urban area surrounding the city.

The station holds the record for the highest British mean monthly temperature, [57] The city is a police area and has its own police force , the City of London Police , separate from the Metropolitan Police Service covering the majority of Greater London. Where the majority of British police forces have silver-coloured badges , those of the City of London Police are black and gold featuring the City crest. The force has rare red and white chequered cap bands and unique red and white striped duty arm bands on the sleeves of the tunics of constables and sergeants red and white being the colours of the city , which in most other British police forces are black and white.

City police sergeants and constables wear crested custodian helmets whilst on foot patrol. These helmets do not feature either St Edward's Crown or the Brunswick Star , which are used on most other police helmets in England and Wales. The city's position as the United Kingdom's financial centre and a critical part of the country's economy, contributing about 2. The Provisional IRA exploded several bombs in the early s, including the Bishopsgate bombing.

The area is also spoken of as a possible target for al-Qaeda. For instance, when in May the BBC's Panorama programme examined the preparedness of Britain's emergency services for a terrorist attack on the scale of the 11 September attacks , they simulated a chemical explosion on Bishopsgate in the east of the city. The "Ring of Steel" was established in the wake of the IRA bombings to guard against terrorist threats.

The city has fire risks in many historic buildings, including St Paul's Cathedral , Old Bailey , Mansion House , Smithfield Market , the Guildhall , and also in numerous high-rise buildings. There is one London Fire Brigade station in the city, at Dowgate , with one pumping appliance. The first fire engine is in attendance in roughly five minutes on average, the second when required in a little over five and a half minutes. No-one died in an event arising from a fire in the four years prior to There is power station located in Charterhouse Street that also provides heat to some of the surrounding buildings [66].

The Office for National Statistics recorded the population in as 7,; [1] slightly higher than in the last census , , [68] and estimates the population as at mid to be 9, At the census the ethnic composition was The first half of the 19th century shows a population of between , and ,, decreasing dramatically from to , with a small increase between and The only notable boundary change since the first census in occurred in Over banks have offices in the city.

The Alternative Investment Market , a market for trades in equities of smaller firms, is a recent development. In , the City of London accounted for 2. London's foreign exchange market has been described by Reuters as 'the crown jewel of London's financial sector'.

Since Canary Wharf , a few miles east of the City in Tower Hamlets, has become another centre for London's financial services industry which houses many banks and other institutions formerly located in the Square Mile. Although growth has continued in both locations, [ content ambiguous ] and there have been relocations in both directions, the corporation has come to realise that its planning policies may have been causing financial firms to choose Canary Wharf as a location.

In Whilst the financial sector, and related businesses and institutions, continue to dominate, the economy is not limited to that sector. The legal profession has a strong presence, especially in the west and north i. Retail businesses were once important, but have gradually moved to the West End of London , though it is now Corporation policy to encourage retailing in some locations, for example at Cheapside near St Paul's.

The city has a number of visitor attractions, mainly based on its historic heritage as well as the Barbican Centre and adjacent Museum of London , though tourism is not at present a major contributor to the city's economy or character. The city has many pubs, bars and restaurants, and the "night-time" economy does feature in the Bishopsgate area, towards Shoreditch.

The meat market at Smithfield , wholly within the city, continues to be one of London's main markets the only one remaining in central London and the country's largest meat market. In the east is Leadenhall Market , a fresh food market that is also a visitor attraction.

The trend for purely office development is beginning to reverse as the Corporation encourages residential use, albeit with development occurring when it arises on windfall sites. The city has a target of 90 additional dwellings per year. Recent residential developments include "the Heron", a high-rise residential building on the Milton Court site adjacent to the Barbican, and the Heron Plaza development on Bishopsgate is also expected to include residential parts. Since the s, the city has diversified away from near exclusive office use in other ways.

For example, several hotels and the first department store opened in the s. However, large sections remain quiet at weekends, especially in the eastern section, and it is quite common to find shops, pubs and cafes closed on these days.

Fire bombing and post- World War II redevelopment have meant that the city, despite its history, has fewer intact historic structures than one might expect. Nonetheless, there remain many dozens of mostly Victorian and Edwardian fine buildings, typically in historicist and neoclassical style. Another example of a bomb-damaged place having been restored is Staple Inn on Holborn.

Among the twentieth-century listed buildings are Bracken House , the first post World War II buildings in the country to be given statutory protection, and the whole of the Barbican and Golden Lane Estate. The Tower of London is not in the city, but is a notable visitor attraction which brings tourists to the southeast of the city. Noteworthy contemporary buildings include a number of modern high-rise buildings see section below as well as the Lloyd's building.

A growing number of tall buildings and skyscrapers are principally used by the financial sector. Almost all are situated in the eastern side around Bishopsgate , Leadenhall Street and Fenchurch Street , in the financial core of the city.

In the north there is a smaller cluster comprising the Barbican Estate 's three tall residential towers and the commercial CityPoint tower. In , the m ft tall Drapers' Gardens building was demolished and replaced by a shorter tower. The city is well served by the London Underground "tube" and National Rail networks. Seven London Underground lines serve the city: [83]. The Elizabeth line Crossrail will run east—west underneath the City of London once it opens.

The line will serve two stations in the City — Farringdon and Liverpool Street — which will additionally serve the Barbican and Moorgate areas. Elizabeth line services will link the City directly to destinations such as Canary Wharf, Heathrow Airport , and the M4 Corridor high-technology hub serving Slough and Reading.

The city is served by a frequent Thameslink rail service which runs north—south through London. There are several " London Terminals " [86] [87] in the city:. All stations in the city are in London fare zone 1. The city, like most of central London, is well served by buses , including night buses.

Two bus stations are in the city, at Aldgate on the eastern boundary with Tower Hamlets, and at Liverpool Street by the railway station. However although the London Road Traffic Act removed from existing local authorities the powers to prevent the development of road passengers transport services within the London Metropolitan Area, the City of London retained most such powers.

As a consequence, neither Trolleybus nor Green Line Coach services were permitted to enter the City to pick up or set down passengers. Hence the building of Aldgate Minories Trolleybus and Coach station as well as the complex terminal arrangements at Parliament Hill Fields. This restriction was removed by the Transport Act One of the Port of London 's 25 safeguarded wharves , Walbrook Wharf , is adjacent to Cannon Street station, and is used by the corporation to transfer waste via the river.

Swan Lane Pier, just upstream of London Bridge, is proposed to be replaced and upgraded for regular passenger services, planned to take place in — Before then, Tower Pier is to be extended. There is a public riverside walk along the river bank, opened in stages over recent years.

The only section not running along the river is a short stretch at Queenhithe. The walk along Walbrook Wharf is closed to pedestrians when waste is being transferred onto barges. According to a survey conducted in March , the methods by which employed residents 16—74 get to work varied widely: The College of Law has its London campus in Moorgate. City residents send their children to schools in neighbouring Local Education Authorities , such as Islington , Tower Hamlets , Westminster and Southwark.

Membership is open to all — with one official proof of address required to join. Guildhall Library, and City Business Library are also public reference libraries, specialising in the history of London and business reference resources. From Wikipedia, the free encyclopedia. Central business district of London, England. This article is about the district within London. For the capital city of England and the UK, see London. For other uses, see City of London disambiguation.

For other uses, see square mile disambiguation. Place in United Kingdom. City , ceremonial county , local government district and central business district. Coat of arms. Location within Greater London. Mid est.

TQ Grid ref. Main article: History of London. Main article: Roman London. Main article: Anglo-Saxon London. See also: Norman and Medieval London. This article appears to contradict the article Freedom of the City. Please improve this Freedom of the City or see relevant discussion on the linked talk page.

June Learn how and when to remove this template message. Main article: Wards of the City of London. Main article: Temple, London. See also: List of public art in the City of London. Further information: Crime in London. Main article: London Fire Brigade. See also: Economy of London. See also: List of tallest buildings and structures in London. See also: Transport in London. Office for National Statistics. Retrieved 6 May See Classification of ethnicity in the United Kingdom for the full descriptions used in the Census.

Ordnance Survey. Archived from the original on 23 March Retrieved 29 November ISBN Retrieved 26 August City status in the British Isles, — Historical urban studies. Aldershot: Ashgate. Dictionary of London Place Names. Oxford University Press. Of course until relatively recent times the name London referred only to the City of London with even Westminster remaining a separate entity. But when the County of London was created in , the name often came to be rather loosely used for this much larger area, which was also sometimes referred to as Greater London from about this date.

However, in Greater London was newly defined as a much enlarged area. Corporation of London. July Archived PDF from the original on 12 June Retrieved 10 April City of London. City of London Corporation. Archived from the original on 20 November Retrieved 20 November Archived from the original PDF on 5 November Retrieved 21 April The World and Its People. Silver, Burdett. Archived from the original on 28 August Retrieved 26 July The City of London.

Archived PDF from the original on 25 August Retrieved 25 August Cambridge University Press. Retrieved 16 February BBC News. Archived from the original on 23 October Retrieved 7 February Colgrave, Bertram; Mynors, R. Ecclesiastical History of the English People.

Oxford: Clarendon. Retrieved 8 August McKay Co. Parliamentary Debates Hansard. House of Commons. Archived from the original on 4 February Retrieved 4 February Archived from the original on 11 February Retrieved 19 November The Express Tribune. Archived from the original on 22 December Retrieved 14 February Retrieved 30 August Treasure islands: Tax havens and the men who stole the world.

London: The Bodley Head. Government of the United Kingdom. Archived from the original on 23 December Retrieved 30 October Archived from the original on 25 December Archived from the original on 16 April Retrieved 16 April Archived from the original on 23 January Archived from the original on 20 June London: Heraldry Today. Corporation of London Records Office. Archived from the original PDF on 27 September Retrieved 17 April Wilfrid Civic Heraldry of England and Wales, 2nd edition.

London: J. The Book of Public Arms 2 ed. London: T. Archived from the original on 21 April Retrieved 12 November London: Robert Scott. Gardens of the City of London. Archived from the original on 15 November

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