Welcome to the Square Mile β Where Ancient Meets Modern!
If you ever find yourself thinking, ‘Gee, I wonder where all the world’s money is busily dancing and trading during business hours,’ then voila! We’ve got the answer for you: the City of London, also known simply as ‘The City.’ Just be careful not to nod off at the βhistoricalβ part β because, trust us, the thrills are coming!
The Glitzy Tenants: Banks, Markets, and… Stock Exchanges? Oh My! π¦
Let’s start with a roll call of some reputable residents. Weβre talking about head offices of banks that handle trillions (yes, with a ‘T’), money markets where the greenbacks never sleep, the gold-and-metal lovers of commodity exchanges, insurance markets that make sure your investment’s parachute doesn’t fail, and last but not least, the venerable London Stock Exchange!
A Brief History Lesson (With Some Quirky Bits!) π
Going back as far as medieval times (think knights and jesters, but sadly no dragons), the City was already a buzzing international merchanting hub. While they werenβt exactly trading meme stocks, they were setting the scene for what would become the financial Hollywood of today. Imagine the brokers of old sharing tales under tavern rafters β the original business lounges if you will! π»
Fast forward to our century, the original square mile