117-521: Saffron Walden is a market town and civil parish in the Uttlesford district of Essex , England, 12 miles (19 km) north of Bishop's Stortford , 15 miles (24 km) south of Cambridge and 43 miles (69 km) north of London . It retains a rural appearance and some buildings of the medieval period. The population was 15,504 at the 2011 census and 16,613 in the 2021 census. Archaeological evidence suggests continuous settlement on or near
234-663: A Quaker , and Thomas Gould, started trading as goldsmith bankers in Lombard Street, London . The name "Barclays" became associated with the business in 1736, when Freame's son-in-law James Barclay became a partner. In 1728, the bank moved to 54 Lombard Street, identified by the "Sign of the Black Spread Eagle ", which in subsequent years would become a core part of the bank's visual identity. The Barclay family were connected with slavery, both as proponents and opponents. David and Alexander Barclay were engaged in
351-561: A municipal borough , the district contained the parish of Saffron Walden. On 1 April 1974 the district and parish were abolished and became part of Uttlesford district. A successor parish was formed covering the same area as the former district and its parish. According to the Office for National Statistics , at the time of the United Kingdom Census 2001 , Saffron Walden had a population of 14,313. The 2001 population density
468-418: A village or city . In Britain, small rural towns with a hinterland of villages are still commonly called market towns, as sometimes reflected in their names (e.g. Downham Market , Market Rasen , or Market Drayton ). Modern markets are often in special halls , but this is a relatively recent development. Historically the markets were open-air, held in what is usually called (regardless of its actual shape)
585-408: A 16th-century barn, it was restored in 2004–5. With a long history of non-conformism , Saffron Walden has: Saffron Walden falls in to three local government administrative areas, including Uttlesford District Council and Essex County Council . The town itself is administered by Saffron Walden Town Council which has 18 members. The majority party is Residents for Uttlesford ('R4U'), who are
702-520: A 4:1 share split. In 2003, Barclays bought the American credit card company Juniper Bank from CIBC , re-branding it as "Barclays Bank Delaware". The same year saw the acquisition of Banco Zaragozano, the 11th-largest Spanish bank. Barclays took over sponsorship of the Premier League from Barclaycard in 2004. In May 2005, Barclays moved its group headquarters from Lombard Street in
819-796: A Barclay, was admitted, and the business then became "Barclay, Bevan, Bening and Tritton". In 1896, twelve houses in London and the English provinces, notably Goslings and Sharpe , Backhouse's Bank of Darlington and Gurney's Bank of Norwich (the latter two of which also had their roots in Quaker families), united to form Barclays and Co., a joint-stock bank, which at its formation held around one quarter of deposits in English private banks. Between 1905 and 1916, Barclays extended its branch network by making acquisitions of small English banks. Further expansion followed in 1918 when Barclays amalgamated with
936-494: A charter, but were accorded market town status through custom and practice if they had been in existence prior to 1199. From an early stage, kings and administrators understood that a successful market town attracted people, generated revenue and would pay for the town's defences. In around the 12th century, European kings began granting charters to villages allowing them to hold markets on specific days. Framlingham in Suffolk
1053-440: A community space on the upper floor. The oldest surviving structures date from the mid-17th century. In Scotland, borough markets were held weekly from an early stage. A King's market was held at Roxburgh on a specific day from about the year 1171; a Thursday market was held at Glasgow , a Saturday market at Arbroath , and a Sunday market at Brechin . In Scotland, market towns were often distinguished by their mercat cross :
1170-514: A crossing-place on the River Thames up-river from Runnymede , where it formed an oxbow lake in the stream. Early patronage included Thomas Furnyvale, lord of Hallamshire , who established a Fair and Market in 1232. Travelers were able to meet and trade wares in relative safety for a week of "fayres" at a location inside the town walls. The reign of Henry III witnessed a spike in established market fairs. The defeat of de Montfort increased
1287-491: A full list, see this table at Danish Misplaced Pages ). The last town to gain market rights ( Danish : købstadsprivilegier ) was Skjern in 1958. At the municipal reform of 1970 , market towns were merged with neighboring parishes, and the market towns lost their special status and privileges, though many still advertise themselves using the moniker of købstad and hold public markets on their historic market squares . The medieval right to hold markets ( German : Marktrecht )
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#17327718879161404-559: A good deal is known about the economic value of markets in local economies, the cultural role of market-towns has received scant scholarly attention. In Denmark, the concept of the market town ( Danish : købstad ) emerged during the Iron Age. It is not known which was the first Danish market town, but Hedeby (part of modern-day Schleswig-Holstein ) and Ribe were among the first. As of 1801, there were 74 market towns in Denmark (for
1521-653: A group holding company, renamed Barclays Group Plc, and UK retail banking was integrated under the former BBI, and renamed Barclays Bank PLC from Barclays Bank Limited . In response to the Big Bang on the London Stock Exchange , in 1986 Barclays bought UK stockbroker de Zoete & Bevan and jobbing firm Wedd Durlacher (formerly Wedd Jefferson). They were merged with Barclays Merchant Bank to form Barclays de Zoete Wedd (BZW). Also that year Barclays sold its South African business operating under
1638-591: A group of villages or an earlier urban settlement in decline, or be created as a new urban centre. Frequently, they had limited privileges compared to free royal cities . Their long-lasting feudal subordination to landowners or the church is also a crucial difference. The successors of these settlements usually have a distinguishable townscape. The absence of fortification walls, sparsely populated agglomerations, and their tight bonds with agricultural life allowed these towns to remain more vertical compared to civitates. The street-level urban structure varies depending on
1755-583: A history of cricket matches recorded back to 1757. A monument at the site commemorates the American airmen and people of Saffron Walden who died in the Second World War. Market town A market town is a settlement most common in Europe that obtained by custom or royal charter, in the Middle Ages , a market right , which allowed it to host a regular market ; this distinguished it from
1872-424: A local political party formed by residents. As of 2024 the mayor is Deryk Eke of Residents for Uttlesford. The town is divided into four parish wards: Audley, named after Audley End House - representing the western area of Saffron Walden including Audley End; Castle - taking its name from Saffron Walden Castle; Shire (formerly Plantation) - representing the southern area of the town; and Little Walden - representing
1989-455: A local shopfront such as a bakery or alehouse, while others were casual traders who set up a stall or carried their wares around in baskets on market days. Market trade supplied for the needs of local consumers whether they were visitors or local residents. Braudel and Reynold have made a systematic study of European market towns between the 13th and 15th century. Their investigation shows that in regional districts markets were held once or twice
2106-468: A market town at Bergen in the 11th century, and it soon became the residence of many wealthy families. Import and export was to be conducted only through market towns, to allow oversight of commerce and to simplify the imposition of excise taxes and customs duties . This practice served to encourage growth in areas which had strategic significance, providing a local economic base for the construction of fortifications and sufficient population to defend
2223-473: A number of market towns in Saxony throughout the 11th century and did much to develop peaceful markets by granting a special 'peace' to merchants and a special and permanent 'peace' to market-places. With the rise of the territories, the ability to designate market towns was passed to the princes and dukes, as the basis of German town law . The local ordinance status of a market town ( Marktgemeinde or Markt )
2340-793: A number of others had departed for the Massachusetts Bay Colony as part of the Great Migration . Saffron Walden was at the centre of the Eastern Association during the English Civil War . While the town was the headquarters of the New Model Army , Lieutenant-General of Horse, Oliver Cromwell paid a 19-day visit in May 1647, taking part in debates to seek a settlement between Parliament and
2457-604: A place where the right to hold a regular market or fair was granted by a ruling authority (either royal, noble, or ecclesiastical). As in the rest of the UK, the area in which the cross was situated was almost always central: either in a square; or in a broad, main street. Towns which still have regular markets include: Inverurie , St Andrews , Selkirk , Wigtown , Kelso , and Cupar . Not all still possess their mercat cross (market cross). Dutch painters of Antwerp took great interest in market places and market towns as subject matter from
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#17327718879162574-412: A relationship with customers and may have offered added value services, such as credit terms to reliable customers. The economy was characterised by local trading in which goods were traded across relatively short distances. Braudel reports that, in 1600, grain moved just 5–10 miles (8.0–16.1 km); cattle 40–70 miles (64–113 km); wool and woollen cloth 20–40 miles (32–64 km). However, following
2691-509: A school on this site since 1317 but it was in 1521 that Dame Bradbury made this school available for local people. For the first four years Dame Bradbury paid the salary of the schoolmaster herself, until the school was endowed in 1535. Friends' School , renamed Walden School, was a co-educational Quaker independent school with roots dating back to 1702. Its final building, in Mount Pleasant Road, opened in 1879. On 11 May 2017 it
2808-428: A small seaport or a market town prior to export. This encouraged local merchants to ensure trading went through them, which was so effective in limiting unsupervised sales ( smuggling ) that customs revenues increased from less than 30% of the total tax revenues in 1600 to more than 50% of the total taxes by 1700. Norwegian "market towns" died out and were replaced by free markets during the 19th century. After 1952, both
2925-555: A stake to Sumitomo Mitsui Banking Corporation . Only 19% of shareholders took up their rights leaving investors China Development Bank and Qatar Investment Authority with increased holdings in the bank. Reuters reported in October 2008 that the British government would inject £40 billion (US$ 69 billion) into three banks including Barclays, which might seek over £7 billion. Barclays later confirmed that it rejected
3042-419: A week while daily markets were common in larger cities. Over time, permanent shops began opening daily and gradually supplanted the periodic markets, while peddlers or itinerant sellers continued to fill in any gaps in distribution. The physical market was characterised by transactional exchange and bartering systems were commonplace. Shops had higher overhead costs, but were able to offer regular trading hours and
3159-499: Is 1.5 miles (2.4 km) long and opened in 1964. Saffron Walden Museum , which was established in 1835 by Saffron Walden Natural History Society, is close to the town's castle. The museum had many benefactors from local families, including the Gibsons, Frys and Tukes. The first professional curator, Guy Nathan Mayard, was appointed in 1889 and his son, also Guy Maynard, succeeded him as curator before moving on to Ipswich Museum . It
3276-524: Is a British multinational universal bank , headquartered in London , England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and
3393-412: Is a large co-educational academy with over 2000 pupils. Located to the west of the town centre, it was rated outstanding in its most recent Ofsted report in 2012. The school replaced Saffron Walden Grammar School , which was established in 1521 by the town's Holy Trinity Guild and Dame Joan Bradbury , a local benefactor. Dame Bradbury also founded Dame Bradbury's School on Ashdon Road. There has been
3510-576: Is a notable example of a market situated near a fortified building. Additionally, markets were located where transport was easiest, such as at a crossroads or close to a river ford , for example, Cowbridge in the Vale of Glamorgan. When local railway lines were first built, market towns were given priority to ease the transport of goods. For instance, in Calderdale , West Yorkshire , several market towns close together were designated to take advantage of
3627-420: Is approximately 4 feet (1.2 m) long. Two smaller silver maces were bought by the corporation in 1549 to commemorate the granting of a new town charter by Edward VI . This purchase is recorded in the town's Guild of Holy Trinity accounts and reads, "For 2 new maces, weying 18 ownces one quarter and half at 8s. the ownce 7l.7s" . The 12th-century Walden Castle , built or expanded by Geoffrey de Mandeville ,
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3744-454: Is held every Tuesday and Saturday (and Thursdays in the run up to Christmas); it is attended by local residents like Jamie Oliver . The Anglo American playing fields , located close to Bridge End Gardens on Catons Lane, are home to the town's cricket club and were donated to Saffron Walden by the US forces after the war . Prior to that, Saffron Walden Cricket Club played on the town's common, with
3861-756: Is no single register of modern entitlements to hold markets and fairs, although historical charters up to 1516 are listed in the Gazetteer of Markets and Fairs in England and Wales . William Stow's 1722 Remarks on London includes "A List of all the Market Towns in England and Wales; with the Days of the Week whereon kept". Market houses were a common feature across the island of Ireland . These often arcaded buildings performed marketplace functions, frequently with
3978-545: Is now used for functions. Pevsner described it as: "without doubt, the best medieval house of Saffron Walden". Other notable early buildings are in Bridge Street, Castle Street and the side streets off the High Street. The High Street contains some late-Georgian and Victorian buildings. Bridge End Gardens , seven interlinked gardens – including a maze, rose garden and walled garden – were originally laid out by
4095-512: Is perpetuated through the law of Austria , the German state of Bavaria , and the Italian province of South Tyrol . Nevertheless, the title has no further legal significance, as it does not grant any privileges. In Hungarian, the word for market town "mezőváros" means literally "pasture town" and implies that it was unfortified town: they were architecturally distinguishable from other towns by
4212-620: Is reflected in the prefix Markt of the names of many towns in Austria and Germany , for example, Markt Berolzheim or Marktbergel . Other terms used for market towns were Flecken in northern Germany, or Freiheit and Wigbold in Westphalia . Market rights were designated as long ago as during the Carolingian Empire . Around 800, Charlemagne granted the title of a market town to Esslingen am Neckar . Conrad created
4329-746: Is sited on the West Anglia Main Line between Cambridge and London Liverpool Street . Greater Anglia operates an off-peak service of two trains an hour in each direction, with additional services during peak times; the journey time to London is approximately 55 minutes and approximately 20 minutes to Cambridge. All southbound trains also stop at Tottenham Hale , where there is a London Underground Victoria line station and onward rail connections to Stratford station in east London. An hourly GreaterAnglia service between Stansted Airport and Norwich , via Cambridge and Ely , also stops at Audley End. Saffron Walden railway station served
4446-615: Is still owned by the founding society – now Saffron Walden Museum Society – and is managed by Uttlesford District Council. The museum contains the stuffed remains of a lion named Wallace (1812 – 1838), said to have inspired Marriott Edgar 's comic poem "The Lion and Albert". It is also home to the mummy of a 7 year old dating to the 3rd century AD. The Fry Art Gallery exhibits the work of artists who had an association with Saffron Walden and north west Essex, focusing on Great Bardfield Artists . The collection includes extensive artworks and supporting material by Edward Bawden , who lived in
4563-761: The Bank of Scotland in exchange for a 25% stake, a transaction that became effective from 1971. Barclays DCO changed its name to Barclays Bank International in 1971. From 1972 until 1980, a minority stake in Banca Barclays Castellini SpA, Milan was owned by the Castellini family. In 1980, Barclays Bank International acquired the remaining stake in Barclays Castellini from the Castellini family. In August 1975, following
4680-795: The Barclays National Bank name after protests against Barclays' involvement in South Africa and its apartheid government. Barclays introduced the Connect card in June 1987, the first debit card in the United Kingdom. In 1988, Barclays sold Barclays Bank of California, which at that time was the 17th-largest bank in California measured by assets, to Wells Fargo for US$ 125 million in cash. Edgar Pearce ,
4797-455: The Beeching cuts in the 1960s. Heavy industry arrived after the Second World War. Acrows Ltd, makers of falsework , built premises to the east of the town and became a significant employer and economic influence in the area. For a short time there was a dedicated railway station for the works known as Acrow Halt . Saffron Walden's unofficial coat of arms showed the saffron crocus within
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4914-808: The City of London to One Churchill Place in Canary Wharf . Also in 2005 Barclays sealed a £2.6bn takeover of Absa Group Limited , South Africa's largest retail bank, acquiring a 54% stake on 27 July 2005. Then in 2006, Barclays purchased the HomEq Servicing Corporation for US$ 469 million in cash from Wachovia Corp. That year also saw the acquisition of the financial website CompareTheLoan and Barclays announcing plans to rebrand Woolwich branches as Barclays, migrating Woolwich customers onto Barclays accounts and migrating back-office processes onto Barclays systems—the Woolwich brand
5031-704: The London, Provincial and South Western Bank , and in 1919, when the British Linen Bank was acquired by Barclays, although the British Linen Bank retained a separate board of directors and continued to issue its own banknotes (see Banknotes of the pound sterling ). In 1925, the Colonial Bank , National Bank of South Africa and the Anglo-Egyptian Bank were amalgamated and Barclays operated its overseas operations under
5148-510: The Yiddish term shtetl . Miasteczkos had a special administrative status other than that of town or city. From the time of the Norman conquest, the right to award a charter was generally seen to be a royal prerogative. However, the granting of charters was not systematically recorded until 1199. Once a charter was granted, it gave local lords the right to take tolls and also afforded
5265-452: The koopman, which described a new, emergent class of trader who dealt in goods or credit on a large scale. Paintings of every day market scenes may have been an affectionate attempt to record familiar scenes and document a world that was in danger of being lost. Paintings and drawings of market towns and market scenes Bibliography Barclays Bank Barclays plc ( / ˈ b ɑːr k l i z / , occasionally /- l eɪ z / )
5382-513: The market square or market place , sometimes centred on a market cross ( mercat cross in Scotland). They were and are typically open one or two days a week. In the modern era, the rise of permanent retail establishments reduced the need for periodic markets. The primary purpose of a market town is the provision of goods and services to the surrounding locality. Although market towns were known in antiquity, their number increased rapidly from
5499-404: The secondary banking crash , Barclays acquired Mercantile Credit Company. Barclays Bank International expanded its business in 1980 to include commercial credit and took over American Credit Corporation, renaming it Barclays American Corporation. During 1985 Barclays Bank and Barclays Bank International merged, and as part of the corporate reorganisation the former Barclays Bank plc became
5616-512: The "Mardi Gra Bomber", began a terror campaign against the bank and the supermarket chain Sainsbury's in 1994. Barclays bought Wells Fargo Nikko Investment Advisors (WFNIA) in 1996 and merged it with BZW Investment Management to form Barclays Global Investors . Bob Diamond took charge of the investment banking businesses that year. Two years later, in 1998, the BZW business was broken up and
5733-604: The "small seaport" and the "market town" were relegated to simple town status. Miasteczko ( lit. ' small town ' ) was a historical type of urban settlement similar to a market town in the former Polish–Lithuanian Commonwealth . After the partitions of Polish–Lithuanian Commonwealth at the end of the 18th-century, these settlements became widespread in the Austrian , German and Russian Empires. The vast majority of miasteczkos had significant or even predominant Jewish populations ; these are known in English under
5850-733: The 12th century. Market towns across Europe flourished with an improved economy, a more urbanised society and the widespread introduction of a cash-based economy. Domesday Book of 1086 lists 50 markets in England. Some 2,000 new markets were established between 1200 and 1349. The burgeoning of market towns occurred across Europe around the same time. Initially, market towns most often grew up close to fortified places, such as castles or monasteries, not only to enjoy their protection, but also because large manorial households and monasteries generated demand for goods and services. Historians term these early market towns "prescriptive market towns" in that they may not have enjoyed any official sanction such as
5967-426: The 16th century. Pieter Aertsen was known as the "great painter of the market" Painters' interest in markets was due, at least in part, to the changing nature of the market system at that time. With the rise of the merchant guilds, the public began to distinguish between two types of merchant, the meerseniers which referred to local merchants including bakers, grocers, sellers of dairy products and stall-holders, and
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#17327718879166084-527: The 1990s, Barclays helped to fund President Robert Mugabe 's government in Zimbabwe . The most controversial of a set of loans provided by Barclays was the £30 million it gave to help sustain land reforms that saw Mugabe seize white-owned farmland and drive more than 100,000 black workers from their homes. Opponents have called the bank's involvement a "disgrace" and an "insult" to the millions who have suffered human rights abuses. A Barclays spokesman said
6201-431: The 20th century, the special rights granted to market towns mostly involved a greater autonomy in fiscal matters and control over town planning, schooling and social care. Unlike rural municipalities, the market towns were not considered part of the counties . The last town to be granted market rights was Ólafsvík in 1983 and from that point there were 24 market towns until a municipal reform in 1986 essentially abolished
6318-540: The 2nd and 3rd positions, respectively. Barclays operates in over 40 countries, employs over 80,000 people and is the fifth largest bank in Europe by total assets. Barclays UK comprises the British retail banking operations, consumer credit card business, wealth management business, and corporate banking for small, medium and large-sized businesses in the UK. Barclays International consists of Barclays Corporate and Investment Bank (formerly known as Barclays Capital ) and
6435-583: The British-based bank during World War II. Barclays, along with seven French banks, was named in a lawsuit filed in New York on behalf of Jews who were unable to reclaim money they deposited during the Nazi era. In an unusual move as part of the trend at the time for free ISPs , Barclays launched an internet service in 1999 called Barclays.net. This entity was acquired by British Telecom in 2001. In
6552-710: The Consumer, Cards & Payments business. The investment banking business provides advisory, financing and risk management services to large companies, institutions and government clients. It is a primary dealer in Gilts , U.S. Treasury securities and various European Government bonds . The bank's name has never included an apostrophe (Barclay's) in its spelling. It was first registered in 1896 as "Barclay and Company, Limited", changed to "Barclays Bank Limited" in 1917 and to "Barclays Bank PLC" in 1982. Barclays traces its origins back to 17 November 1690, when John Freame ,
6669-722: The EU rules do not apply to its 67%-owned Zimbabwean subsidiary because it was incorporated outside the EU. In August 2000, Barclays took over the recently de-mutualised Woolwich PLC, formerly the Woolwich Building Society, in a £5.4 billion acquisition. Woolwich thus joined the Barclays group of companies, and the Woolwich name was retained after the acquisition. The company's head office remained in Bexleyheath , south-east London , four miles (6 km) from
6786-477: The English provinces, including Goslings Bank , Backhouse's Bank and Gurney, Peckover and Company , united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser . Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975,
6903-541: The Equity and Corporate Finance Divisions were sold to Credit Suisse First Boston : Barclays retained the debt-focused Fixed Income business and Structured Capital Markets which formed the foundation of the rebranded Barclays Capital ( BarCap ). Barclays Capital had offices in over 29 countries and employed over 20,000 people, with over 7,000 people working in its IT division. In 1998, Barclays Bank agreed to pay $ 3.6m to Jews whose assets were seized from French branches of
7020-516: The European age of discovery, goods were imported from afar – calico cloth from India, porcelain, silk and tea from China, spices from India and South-East Asia and tobacco, sugar, rum and coffee from the New World. The importance of local markets began to decline in the mid-16th century. Permanent shops which provided more stable trading hours began to supplant the periodic market. In addition,
7137-635: The Gibson family in about 1840. They have been restored with help from the Heritage Lottery Fund and volunteers. St Mary the Virgin, Saffron Walden ( Church of England ) is the largest parish church in Essex. The church dates mainly from the end of the 15th century, when an old smaller church was extensively rebuilt by the master mason John Wastell , who was building King's College Chapel in
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#17327718879167254-716: The Government's offer and would instead raise £6.5 billion of new capital (£2 billion by cancellation of dividend and £4.5 billion from private investors). Barclays launched a further round of capital raising, approved by special resolution on 24 November 2008, as part of its overall plan to achieve higher capital targets set by the UK's Financial Services Authority to ensure it would remain independent. Barclays raised £7 billion from investors from Abu Dhabi and Qatar. Existing Barclays shareholders complained they were not offered full pre-emption rights in this round of capital raising, even threatening to revolt at
7371-404: The UK government, which was offered to boost its capital ratio. Barclays believed that "maintaining its independence from government was in the best interests of its shareholders". In July 2008, Barclays attempted to raise £4.5 billion through a non-traditional rights issue to shore up its weakened Tier 1 capital ratio , which involved a rights offer to existing shareholders and the sale of
7488-577: The US. However, a Barclays spokesman denied the rumours. In February 2008, Barclays bought the credit card brand Goldfish for US$ 70 million gaining 1.7 million customers, and US$ 3.9 billion in receivables. Barclays also bought a controlling stake in the Russian retail bank Expobank for US$ 745 million. Later in the year Barclays commenced its Pakistan operations with initial funding of US$ 100 million. Barclays sought to raise capital privately, avoiding direct equity investment from
7605-856: The Woolwich in 2000 and the North American operations of Lehman Brothers in 2008. Barclays has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index . It has a secondary listing on the New York Stock Exchange . It is considered a systemically important bank by the Financial Stability Board . According to a 2011 paper, Barclays was the most powerful transnational corporation in terms of ownership and thus corporate control over global financial stability and market competition , with Axa and State Street Corporation taking
7722-549: The area. It also served to restrict Hanseatic League merchants from trading in areas other than those designated. Norway included a subordinate category to the market town, the "small seaport" ( Norwegian lossested or ladested ), which was a port or harbor with a monopoly to import and export goods and materials in both the port and a surrounding outlying district. Typically, these were locations for exporting timber, and importing grain and goods. Local farm goods and timber sales were all required to pass through merchants at either
7839-614: The area. The influential Gibsons – one of the founding families of Barclays Bank – aided the construction of several public buildings that remain today, such as the Saffron Walden Museum and the Saffron Walden Town Hall . In the 1900s the Saffron Walden branch railway line from Audley End station , on the mainline from London to Cambridge, was extended to Bartlow . The branch succumbed to
7956-469: The army. He is thought to have stayed at the Sun Inn . By the end of the 18th century saffron was no longer in demand and the industry was replaced by malt and barley . More than 40 maltings stood in the town by the end of the century. The trade was less lucrative than saffron, but the town continued to grow through the 19th century, and had a cattle market , corn exchange and other civic buildings. During this time Quakers became economically active in
8073-468: The average for Uttlesford (22.0 per cent) and below that for the whole of England (28.9 per cent). In the 2001 UK census, 73.0 per cent of Saffron Walden residents declared themselves Christian, 0.6 per cent Muslim, 0.4 per cent Buddhist, 0.2 per cent Jewish, and 0.1 per cent Hindu. The census recorded 17.6 per cent as having no religion, 0.4 per cent with an alternative religion, and 7.8 per cent not stating their religion. Saffron Walden County High School
8190-473: The bank has had customers in Zimbabwe for decades and abandoning them now would make matters worse, "We are committed to continuing to provide a service to those customers in what is clearly a difficult operating environment". Barclays also provided two of Mugabe's associates with bank accounts, ignoring European Union sanctions on Zimbabwe. The men are Elliot Manyika and minister of public service Nicholas Goche. Barclays has defended its position by insisting that
8307-399: The bank volunteered the names of Jewish employees, as well as ceding an estimated one hundred Jewish bank accounts to the German occupiers. The Paris branch used its funds to increase the operational power of a large quarry that helped produce steel for the Germans. There was no evidence of contact between the head office in London and the branch in Paris during the occupation. Marcel Cheradame
8424-497: The closure of their operation in Peterborough and its re-siting to Glasgow, laying off nearly 900 members of staff. On 30 August 2007, Barclays was forced to borrow £1.6 billion (US$ 3.2 billion) from the Bank of England sterling standby facility. This is made available as a last-resort when banks are unable to settle their debts to other banks at the end of daily trading. Despite rumours about liquidity at Barclays,
8541-519: The concept. Many of the existing market towns would continue to be named kaupstaður even after the term lost any administrative meaning. In Norway , the medieval market town ( Norwegian : kjøpstad and kaupstad from the Old Norse kaupstaðr ) was a town which had been granted commerce privileges by the king or other authorities. The citizens in the town had a monopoly over the purchase and sale of wares, and operation of other businesses, both in
8658-547: The consortium led by Royal Bank of Scotland Group free to proceed with its counter-bid for ABN AMRO. To help finance its bid for ABN AMRO, Barclays sold a 3.1% stake to China Development Bank and a 3% stake to Temasek Holdings , the investment arm of the Singaporean government. Also in 2007, Barclays agreed to purchase Equifirst Corporation from Regions Financial Corporation for US$ 225 million. That year also saw Barclays Personal Investment Management announcing
8775-488: The day when the community congregated in town to attend church. Some of the more ancient markets appear to have been held in churchyards. At the time of the Norman conquest, the majority of the population made their living through agriculture and livestock farming. Most lived on their farms, situated outside towns, and the town itself supported a relatively small population of permanent residents. Farmers and their families brought their surplus produce to informal markets held on
8892-546: The early market towns have continued operations into recent times. For instance, Northampton market received its first charter in 1189 and markets are still held in the square to this day. The National Market Traders Federation , situated in Barnsley , South Yorkshire , has around 32,000 members and close links with market traders' federations throughout Europe. According to the UK National Archives , there
9009-398: The era from which various parts of the city originate. Market towns were characterized as a transition between a village and a city, without a unified, definite city core. A high level of urban planning only marks an era starting from the 17th-18th centuries. This dating is partially related to the modernization and resettlement waves after the liberation of Ottoman Hungary . While Iceland
9126-560: The extraordinary meeting. Sheikh Mansour and Qatar Holding agreed to open up £500 million of their new holdings of reserve capital instruments for clawback . Existing investors now took this up. Bob Diamond led the effort to purchase the North American business of Lehman Brothers after its bankruptcy in September 2008, securing Barclays a presence in U.S. Equities and Investment Banking. On 16 September 2008, Barclays announced its agreement to purchase, subject to regulatory approval,
9243-485: The first Earl of Essex , is in ruins. After the medieval period, the castle fell into disuse and much of the flint was taken and used in the construction of local houses and the wall surrounding the Audley End estate. All that remains is the ruined basement. Near the castle is a turf maze , a series of circular excavations cut into the turf of the common . It is the largest example of this style of maze in England,
9360-417: The grounds of their church after worship. By the 13th century, however, a movement against Sunday markets gathered momentum, and the market gradually moved to a site in town's centre and was held on a weekday. By the 15th century, towns were legally prohibited from holding markets in church-yards. Archaeological evidence suggests that Colchester is England's oldest recorded market town, dating to at least
9477-413: The lack of town walls. Most market towns were chartered in the 14th and 15th centuries and typically developed around 13th-century villages that had preceded them. A boom in the raising of livestock may have been a trigger for the upsurge in the number of market towns during that period. Archaeological studies suggest that the ground plans of such market towns had multiple streets and could also emerge from
9594-404: The legal basis for defining a "town". For instance, Newport, Shropshire , is in the borough of Telford and Wrekin but is separate from Telford . In England, towns with such rights are usually distinguished with the additional status of borough . It is generally accepted that, in these cases, when a town was granted a market, it gained the additional autonomy conferred to separate towns. Many of
9711-426: The loan was necessary due to a technical problem with their computerised settlement network. A Barclays spokesman was quoted as saying "There are no liquidity issues in the U.K markets. Barclays itself is flush with liquidity." On 9 November 2007, Barclays shares dropped 9% and were even temporarily suspended for a short period of time, due to rumours of a £4.8 billion (US$ 10 billion) exposure to bad debts in
9828-519: The local town council . Failing that, the Crown can grant a licence. As the number of charters granted increased, competition between market towns also increased. In response to competitive pressures, towns invested in a reputation for quality produce, efficient market regulation and good amenities for visitors such as covered accommodation. By the thirteenth century, counties with important textile industries were investing in purpose built market halls for
9945-504: The main part being about 100 feet (30 m) in diameter. The earliest record of it dates from 1699, although its origin may be earlier. It has been extensively restored several times, most recently in 1979. The oldest inhabited building in the town is believed to be the former maltings at 1 Myddleton Place. The 15th-century building with a courtyard garden was used by the Youth Hostel Association from 1947 to 2010. It
10062-464: The market. If the travel time exceeded this standard, a new market town could be established in that locale. As a result of the limit, official market towns often petitioned the monarch to close down illegal markets in other towns. These distances are still law in England today. Other markets can be held, provided they are licensed by the holder of the Royal Charter, which tends currently to be
10179-603: The name Barclays Bank (Dominion, Colonial and Overseas)—Barclays DCO. In 1938, Barclays acquired the first Indian exchange bank, the Central Exchange Bank of India, which had opened in London in 1936 with the sponsorship of Central Bank of India . In 1941, during the German occupation of France , a branch of Barclays in Paris, headed by Marcel Cheradame, worked directly with the invading force. Senior officials at
10296-410: The nearby city of Cambridge. In 1769 it was damaged by lightning and the repairs, carried out in the 1790s, removed many medieval features. The spire was added in 1832 to replace an older lantern tower. The church is 183 feet (56 m) long and the spire, 193 feet (59 m) high, is the tallest in Essex. The town's Catholic church , Our Lady of Compassion, is on Castle Street. Created in 1906 from
10413-575: The new trains. The designation of Halifax , Sowerby Bridge , Hebden Bridge , and Todmorden is an example of this. A number of studies have pointed to the prevalence of the periodic market in medieval towns and rural areas due to the localised nature of the economy. The marketplace was the commonly accepted location for trade, social interaction, transfer of information and gossip. A broad range of retailers congregated in market towns – peddlers, retailers, hucksters, stallholders, merchants and other types of trader. Some were professional traders who occupied
10530-522: The original head office in Woolwich . Barclays closed 171 branches in the UK in 2001, many of them in rural communities: Barclays called itself "The Big Bank", but this name was quickly given a low profile after a series of embarrassing PR stunts. On 31 October 2001, Barclays and CIBC agreed to combine their Caribbean operations to establish a joint venture company known as FirstCaribbean International Bank (FCIB). In April 2002, Barclays enacted
10647-513: The purchasing habits of the monks and other individuals in medieval England, suggests that consumers of the period were relatively discerning. Purchase decisions were based on purchase criteria such as consumers' perceptions of the range, quality, and price of goods. This informed decisions about where to make their purchases. As traditional market towns developed, they featured a wide main street or central market square . These provided room for people to set up stalls and booths on market days. Often
10764-517: The records of the Court of Common Pleas, the town was called Magna Walden in Hilary Term 1484, and Chipping Walden in the 15th and early 16th centuries, but by the 1540s it had become Saffron Walden. The town and surrounding area, like much of East Anglia , was strongly Puritan during the 17th century. The population was influenced by the missionary John Eliot . By 1640, Samuel Bass's family and
10881-487: The rise of a merchant class led to the import and exports of a broad range of goods, contributing to a reduced reliance on local produce. At the centre of this new global mercantile trade was Antwerp , which by the mid-16th century, was the largest market town in Europe. A good number of local histories of individual market towns can be found. However, more general histories of the rise of market-towns across Europe are much more difficult to locate. Clark points out that while
10998-433: The sale of cloth. Specific market towns cultivated a reputation for high quality local goods. For example, London's Blackwell Hall became a centre for cloth, Bristol became associated with a particular type of cloth known as Bristol red , Stroud was known for producing fine woollen cloth, the town of Worsted became synonymous with a type of yarn; Banbury and Essex were strongly associated with cheeses. A study on
11115-574: The sample testing of markets by Edward I the "lawgiver" , who summoned the Model Parliament in 1295 to perambulate the boundaries of forest and town. Market towns grew up at centres of local activity and were an important feature of rural life and also became important centres of social life, as some place names suggest: Market Drayton , Market Harborough , Market Rasen , Market Deeping , Market Weighton , Chipping Norton , Chipping Ongar , and Chipping Sodbury – chipping
11232-544: The site of Saffron Walden from at least the Neolithic period. It is believed that a small Romano-British settlement and fort – possibly in the area round Abbey Lane – existed as an outpost of the much larger settlement of Cestreforda to the north. After the Norman invasion of 1066, a stone church was built. Walden Castle , dating from about 1140, may have been built on pre-existing fortifications. A priory, Walden Abbey,
11349-457: The slave trade in 1756. David Barclay of Youngsbury (1729–1809), on the other hand, was a noted abolitionist , and Verene Shepherd , the Jamaican historian of diaspora studies , singles out the case of how he chose to free his slaves in that colony . In 1776, the firm was styled "Barclay, Bevan and Bening" and remained so until 1785, when another partner, John Tritton, who had married
11466-488: The small village of the same name and a large rural area to the north of the town. Nationally, the town is part of the much larger Saffron Walden Parliamentary constituency . The MP is Conservative , Kemi Badenoch who is Secretary of State for International Trade. Notable former MPs include: It has been considered a safe seat for the Conservative Party since 1922. In the 1840s Saffron Walden became
11583-466: The time of the Roman occupation of Britain's southern regions. Another ancient market town is Cirencester , which held a market in late Roman Britain. The term derived from markets and fairs first established in 13th century after the passage of Magna Carta , and the first laws towards a parlement . The Provisions of Oxford of 1258 were only possible because of the foundation of a town and university at
11700-428: The town and in the surrounding district. Norway developed market towns at a much later period than other parts of Europe. The reasons for this late development are complex but include the sparse population, lack of urbanisation, no real manufacturing industries and no cash economy. The first market town was created in 11th century Norway, to encourage businesses to concentrate around specific towns. King Olaf established
11817-487: The town between 1865 and 1964. Regular bus services connect the town with Cambridge, Bishop's Stortford , Haverhill and Stansted Airport. Operators include Stephensons of Essex and Stagecoach East . Saffron Walden is accessed from junction 8 of the M11 when travelling northbound from London and from junction 10 when travelling south from Cambridge. During the coronavirus pandemic, Essex Highways narrowed some roads in
11934-410: The town centre to make social distancing easier for pedestrians and they reduced some speed limits to 20 miles per hour (32 km/h) as part of their Safer, Greener, Healthier scheme. Stansted Airport is located 15 miles (24 km) from the town, while Luton Airport is 43 miles (69 km) away. Audley End Airfield , a private grass runway, is located about 1 mile (2 km) outside of
12051-516: The town during the 1970s and 1980s, and Eric Ravilious . Saffron Hall , which is attached to Saffron Walden County High School, opened in 2013. The 730-seater venue came about as a result of a £10 million donation by an anonymous music loving donor. In 2014, former head of music at the Barbican Centre Angela Dixon became its director. Saffron Walden Market is a thriving market, with numerous local sellers trading goods,
12168-747: The town erected a market cross in the centre of the town, to obtain God's blessing on the trade. Notable examples of market crosses in England are the Chichester Cross , Malmesbury Market Cross and Devizes, Wiltshire. Market towns often featured a market hall , as well, with administrative or civic quarters on the upper floor, above a covered trading area. Market towns with smaller status include Minchinhampton , Nailsworth , and Painswick near Stroud, Gloucestershire . A "market town" may or may not have rights concerning self-government that are usually
12285-408: The town some protection from rival markets. When a chartered market was granted for specific market days, a nearby rival market could not open on the same days. Across the boroughs of England, a network of chartered markets sprang up between the 12th and 16th centuries, giving consumers reasonable choice in the markets they preferred to patronise. Until about 1200, markets were often held on Sundays,
12402-513: The town's influence. This Tuesday market was held from 1295. The town's first charter was granted in about 1300, to what was known then as Chepyng (i. e. Market) Walden. The town at that time was largely confined to the castle's outer bailey, but in the 13th century the Battle or Repel Ditches were built or extended to enclose a larger area to the south. The focus of the town moved southwards to Market Square. The main trading item in medieval times
12519-520: The town. Audley End House , once one of the largest mansions in England, is now in the care of English Heritage and is open to the public. During the summer months, picnic concerts and a last night in the style of the BBC Proms have been held in the grounds. Audley End Miniature Railway – originally built by Lord Braybrooke – is a 10 + 1 ⁄ 4 in (260 mm) gauge railway ride through woodland adjoining Audley End House. The track
12636-456: The walls of the castle in the form of an heraldic pun – as in, "Saffron walled-in". In 1961, a formal coat of arms was granted by the College of Arms and this was adapted in 1974 into its current form. The town has three ceremonial maces . The large mace was given to Saffron Walden by James II in 1685 and provides an early recording of the unofficial coat of arms. Made of silver gilt , it
12753-519: The world's first cash machine , in Enfield ; Barclays Bank, Enfield . The British actor Reg Varney was the first person to use the machine. In 1969, a planned merger with Martins Bank and Lloyds Bank was blocked by the Monopolies and Mergers Commission , but the acquisition of Martins Bank on its own was later permitted. Also that year, the British Linen Bank subsidiary was sold to
12870-511: Was 10,900 inhabitants per square mile (4,209/km), with a 100 to 94.5 female-to-male ratio. Of those over 16 years old, 45.0 per cent were married, 27.4 per cent were single (never married), and 8.2 per cent divorced. The parish's 6,013 households included 38.5 per cent married couples living together, 31.5 per cent one-person households, 8.4 per cent co-habiting couples, and 7.9 per cent single parents with children. Of those aged 16–74, 22.3 per cent had no academic qualifications , close to
12987-405: Was announced that Walden School would close at the end of the 2016–17 school year. Its final day was 7 July 2017. Saffron Walden College, a teachers' training college for women, closed in 1977. The nearest station to Saffron Walden is Audley End , which is located 2 miles (3 km) outside the town in the village of Wendens Ambo ; regular bus services link it to the town centre. The station
13104-482: Was derived from a Saxon verb meaning "to buy". A major study carried out by the University of London found evidence for least 2,400 markets in English towns by 1516. The English system of charters established that a new market town could not be created within a certain travelling distance of an existing one. This limit was usually a day's worth of travelling (approximately 10 kilometres (6.2 mi)) to and from
13221-440: Was founded under the patronage of Geoffrey de Mandeville, 1st Earl of Essex about 1136, on the site of what is now Audley End House. The abbey was separated from Walden by Holywell Field. After the dissolution of the monasteries , Sir Thomas Audley converted its cloisters into a dwelling. Later this became the site of Audley End House . The market was moved from nearby Newport to Walden during de Mandeville's tenure, increasing
13338-514: Was kept as the branch manager until he retired in the sixties. In May 1958, Barclays was the first UK bank to appoint a female bank manager. Hilda Harding managed Barclays' Hanover Square branch in London until her retirement in 1970. In 1965, Barclays established a US affiliate, Barclays Bank of California, in San Francisco . Barclays launched the first credit card in the UK, Barclaycard , in 1966. On 27 June 1967, Barclays deployed
13455-833: Was to be used for Barclays mortgages. Barclays also exited retail-banking operations in the Caribbean-region which extended as far back as 1837 through selling of its joint venture stake in FirstCaribbean International Bank (FCIB) to CIBC for between $ 989 million and $ 1.08 billion. In March 2007, Barclays announced plans to merge with ABN AMRO , the largest bank in the Netherlands. However, on 5 October 2007 Barclays announced that it had abandoned its bid, citing inadequate support by ABN shareholders. Fewer than 80% of shares had been tendered to Barclays' cash-and-shares offer. This left
13572-405: Was under Danish rule, Danish merchants held a monopoly on trade with Iceland until 1786. With the abolishment of the trading monopoly, six market town ( Icelandic kaupstaður ) were founded around the country. All of them, except for Reykjavík , would lose their market rights in 1836. New market towns would be designated by acts from Alþingi in the 19th and 20th century. In the latter half of
13689-521: Was wool. A guildhall was built by the wool-staplers in the market place, but demolished in 1847 to make way for the Corn Exchange . In the 16th and 17th centuries the saffron crocus ( Crocus sativus ) was widely grown, thanks to the town's favourable soil and climate. The stigmas of the flower were used in medicines, as a condiment, in perfume, as an expensive yellow dye, and as an aphrodisiac. The industry gave Walden its present name. In
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