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93-615: Threadneedle Street is a street in the City of London , England, between Bishopsgate at its northeast end and Bank junction in the southwest. It is one of nine streets that converge at Bank. It lies in the ward of Cornhill . Threadneedle street is famous as the site of the Bank of England . The bank itself is sometimes known as 'the Old Lady of Threadneedle Street' and has been based at its current location since 1734. The London Stock Exchange

186-602: A councillor ) to the Court of Common Council of the corporation. Only electors who are Freemen of the City of London are eligible to stand. The number of commoners a ward sends to the Common Council varies from two to ten, depending on the number of electors in each ward. Since the 2003 review it has been agreed that the four more residential wards: Portsoken , Queenhithe , Aldersgate and Cripplegate together elect 20 of

279-399: A business district, the City has a small resident population of 8,583 based on 2021 census figures, but over 500,000 are employed there (as of 2019) and some estimates put the number of workers in the City to be over 1 million. About three-quarters of the jobs in the City of London are in the financial, professional, and associated business services sectors. The Roman legions established

372-530: A church dedicated to St Paul in London, as the seat of the new bishop. It is assumed, although unproven, that this first Anglo-Saxon cathedral stood on the same site as the later medieval and the present cathedrals. Alfred the Great , King of Wessex occupied and began the resettlement of the old Roman walled area, in 886, and appointed his son-in-law Earl Æthelred of Mercia over it as part of their reconquest of

465-416: A discontinuity on land, such as in the case of Point Roberts. Along rivers that change course, pene-enclaves can be observed as complexes comprising many small pene-enclaves. A pene-enclave can also exist entirely on land, such as when intervening mountains render a territory, although geographically attached, inaccessible from other parts of a country except through alien territory. A commonly cited example

558-421: A key). Originally, it was a term of property law that denoted the situation of a land or parcel of land surrounded by land owned by a different owner, and that could not be reached for its exploitation in a practical and sufficient manner without crossing the surrounding land. In law, this created a servitude of passage for the benefit of the owner of the surrounded land. The first diplomatic document to contain

651-685: A part of a sovereign state (like the Kaliningrad Oblast ). A pene-exclave is a part of the territory of one country that can be conveniently approached – in particular, by wheeled traffic – only through the territory of another country. Pene-exclaves are also called functional exclaves or practical exclaves. Many pene-exclaves partially border their own territorial waters (i.e., they are not surrounded by other nations' territorial waters), such as Point Roberts, Washington , and Minnesota's Northwest Angle . A pene-exclave can also exist entirely on land, such as when intervening mountains render

744-663: A purely Roman foundation of London are now common and uncontroversial." At its height, the Roman city had a population of approximately 45,000–60,000 inhabitants. Londinium was an ethnically diverse city, with inhabitants from across the Roman Empire, including natives of Britannia, continental Europe , the Middle East, and North Africa. The Romans built the London Wall some time between AD 190 and 225. The boundaries of

837-527: A quantitative principle applies: the land boundary must be longer than the coastline. Thus a state is classified as a sovereign semi-enclave if it borders on just one state, and its land boundary is longer than its sea coastline. (Since Vinokurov's writing in 2007, Canada and the Kingdom of Denmark have each gained a second bordering state — each other — with the 2022 division of Hans Island .) Vinokurov affirms that "no similar quantitative criterion

930-427: A representative fashion. Bodies employing fewer than 10 people may appoint 1 voter; those employing 10 to 50 people 1 voter for every 5 employees; those employing more than 50 people 10 voters and 1 additional voter for each 50 employees beyond the first 50. The Act also changed other aspects of an earlier act relating to elections in the city, from 1957. Inner Temple and Middle Temple (which neighbour each other) in

1023-569: A settlement known as "Londinium" on the current site of the City of London around AD 43. Its bridge over the River Thames turned the city into a road nexus and major port , serving as a major commercial centre in Roman Britain until its abandonment during the 5th century . Archaeologist Leslie Wallace notes that, because extensive archaeological excavation has not revealed any signs of a significant pre-Roman presence, "arguments for

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1116-854: A state or district geographically separated from the main part, by some surrounding alien territory. Many exclaves are also enclaves, but an exclave surrounded by the territory of more than one state is not an enclave. The Azerbaijani exclave of Nakhchivan is an example of an exclave that is not an enclave, as it borders Armenia , Turkey and Iran . Semi-enclaves and semi-exclaves are areas that, except for possessing an unsurrounded sea border (a coastline contiguous with international waters ), would otherwise be enclaves or exclaves. Semi-enclaves and enclaves are mutually exclusive. Likewise, semi-exclaves and exclaves are mutually exclusive. Enclaves and semi-enclaves can exist as independent states ( Monaco , The Gambia and Brunei are semi-enclaves), while exclaves and semi-exclaves proper always constitute just

1209-529: A territory comprises both land territory and territorial waters. In the case of enclaves in territorial waters, they are called maritime (those surrounded by territorial sea) or lacustrine (if in a lake) enclaves. Most of the true national-level enclaves now existing are in Asia and Europe. While subnational enclaves are numerous the world over, there are only a few national-level true enclaves in Africa, Australia and

1302-472: A territory inaccessible from other parts of a country except through alien territory. A commonly cited example is the Kleinwalsertal , a valley part of Vorarlberg , Austria, that is accessible only from Germany to the north. The word enclave is French and first appeared in the mid-15th century as a derivative of the verb enclaver (1283), from the colloquial Latin inclavare (to close with

1395-671: Is Bank and Monument . London's first bus service ran between Threadneedle Street and Paddington from 1829. Today, the street is served by bus routes 8 , 11 , 23 , 26 , 133 , 242, and 388. Over 5,000 tonnes of gold bars are held by the Bank of England, both official reserves of the UK Treasury, and others, in a system of eight vaults, over two floors, under Threadneedle Street. 51°30′51″N 0°05′12″W  /  51.5141°N 0.0868°W  / 51.5141; -0.0868 City of London The City of London , also known as

1488-494: Is a logically extended back-formation of enclave . Enclaves exist for a variety of historical , political and geographical reasons. For example, in the feudal system in Europe, the ownership of feudal domains was often transferred or partitioned, either through purchase and sale or through inheritance, and often such domains were or came to be surrounded by other domains. In particular, this state of affairs persisted into

1581-407: Is both an exclave of A and an enclave from the viewpoint of B. The singular territory D, although an enclave, is not an exclave. An enclave is a part of the territory of a state that is enclosed within the territory of another state. To distinguish the parts of a state entirely enclosed in a single other state, they are called true enclaves . A true enclave cannot be reached without passing through

1674-474: Is located at Smithfield , and is undergoing a long-awaited regeneration after doubts as to its continuing use during the 1990s. 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

1767-483: Is needed to define the scope of non-sovereign semi-enclaves/exclaves." Sometimes, administrative divisions of a country, for historical or practical reasons, caused some areas to belong to one division while being attached to another. The term pene -exclave was defined in Robinson (1959) as "parts of the territory of one country that can be approached conveniently – in particular by wheeled traffic – only through

1860-401: Is often used as a synonym for enclave (such as "the pockets of Puducherry district"). In British administrative history, subnational enclaves were usually called detachments or detached parts , and national enclaves as detached districts or detached dominions . In British ecclesiastic history, subnational enclaves were known as peculiars (see also royal peculiar ). The word exclave

1953-596: Is sometimes called the "great refusal", the Corporation said no to the King, which in part accounts for its unique government structure to the present. By the late 16th century, London increasingly became a major centre for banking, international trade and commerce. The Royal Exchange was founded in 1565 by Sir Thomas Gresham as a centre of commerce for London's merchants, and gained Royal patronage in 1571. Although no longer used for its original purpose, its location at

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2046-480: Is the Kleinwalsertal , a valley part of Vorarlberg , Austria, that is only accessible from Germany to the north, being separated from the rest of Austria by high mountains traversed by no roads. Another example is the Spanish village of Os de Civís , accessible from Andorra. Hence, such areas are enclaves or exclaves for practical purposes , without meeting the strict definition. Many pene-exclaves partially border

2139-482: Is the case for all other wards in Great Britain . Particular churches, livery company halls and other historic buildings and structures are associated with a ward, such as St Paul's Cathedral with Castle Baynard , and London Bridge with Bridge; boundary changes in 2003 removed some of these historic connections. Each ward elects an alderman to the Court of Aldermen , and commoners (the City equivalent of

2232-403: The 1993 Bishopsgate bombing ( IRA ) and the 7 July 2005 London bombings ( Islamist ). In response to the 1993 bombing, a system of road barriers, checkpoints and surveillance cameras referred to as the " ring of steel " has been maintained to control entry points to the city. The 1970s saw the construction of tall office buildings including the 600-foot (183 m), 47-storey NatWest Tower ,

2325-698: The City of London Police —the Common Council (the main body of the corporation) is the police authority . The corporation also run the Hampstead Heath Constabulary , Epping Forest Keepers and the City of London market constabularies (whose members are no longer attested as constables but retain the historic title). The majority of Greater London is policed by the Metropolitan Police Service , based at New Scotland Yard . The city has one hospital, St Bartholomew's Hospital , also known as 'Barts'. Founded in 1123, it

2418-653: The Crown . Historically its system of government was not unusual, but it was not reformed by the Municipal Corporations Act 1835 and little changed by later reforms, so that it is the only local government in the UK where elections are not run on the basis of one vote for every adult citizen. It is administered by the City of London Corporation , headed by the Lord Mayor of London (not to be confused with

2511-546: The Great Fire. After the fire of 1666, a number of plans were drawn up to remodel the city and its street pattern into a renaissance -style city with planned urban blocks, squares and boulevards. These plans were almost entirely not taken up, and the medieval street pattern re-emerged almost intact. In the 1630s the Crown sought to have the Corporation of the City of London extend its jurisdiction to surrounding areas. In what

2604-558: The London Stock Exchange based in the City. Throughout the 19th century, the City was the world's primary business centre, and it continues to be a major meeting point for businesses. London was ranked second (after New York) in the Global Financial Centres Index , published in 2022. The insurance industry is concentrated in the eastern side of the city, around Lloyd's building . Since about

2697-644: The Worshipful Company of Merchant Taylors , has occupied a site off Threadneedle Street since 1347. Reportedly the British national anthem was sung, in private, in 1607 for the first time, conducted by John Bull . The headquarters of the South Sea Company was located on the street, from 1711 to the 1850s. The London office of the world's oldest merchant bank, Berenberg Bank , is located at No. 60. The nearest London Underground station

2790-535: The ceremonial county of Greater London , and is the smallest ceremonial county in England. The City of London is known colloquially as the Square Mile , as it is 1.12 sq mi (716.80 acres; 2.90 km ) in area. Both the terms the City and the Square Mile are often used as metonyms for the UK's trading and financial services industries, which continue a notable history of being largely based in

2883-469: The ecclesiastical jurisdiction of the Bishop of London . Within the city, the Corporation owns and runs both Smithfield Market and Leadenhall Market . 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 Corporation owns Old Spitalfields Market and Billingsgate Fish Market , in

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2976-585: The tidal part of the Thames , including the Port of London and related seaports, and London City Airport . The Corporation oversees the Bridge House Estates , which maintains Blackfriars Bridge , Millennium Bridge , Southwark Bridge , London Bridge and Tower Bridge . The City's flag flies over Tower Bridge, although neither footing is in the city. Enclave An exclave is a portion of

3069-400: The 'square mile' and held 86% of the population, and these were in fact similar to and named after four City of London wards: The city has a unique electoral system. Most of its voters are representatives of businesses and other bodies that occupy premises in the city. Its ancient wards have very unequal numbers of voters. In elections, both the businesses based in the city and the residents of

3162-433: The 100 commoners, whereas the business-dominated remainder elect the remaining 80 commoners. 2003 and 2013 boundary changes have increased the residential emphasis of the mentioned four wards. Census data provides eight nominal rather than 25 real wards, all of varying size and population. Being subject to renaming and definition at any time, these census 'wards' are notable in that four of the eight wards accounted for 67% of

3255-511: The 1980s, a secondary financial district has existed outside the city, at Canary Wharf, 2.5 miles (4 km) to the east. The legal profession has a major presence in the northern and western sides of the City, especially in the Temple and Chancery Lane areas where the Inns of Court are located, two of which ( Inner Temple and Middle Temple ) fall within the City of London boundary. Primarily

3348-599: The 19th century in the Holy Roman Empire , and these domains (principalities, etc.) exhibited many of the characteristics of sovereign states. Prior to 1866 Prussia alone consisted of more than 270 discontiguous pieces of territory. Residing in an enclave within another country has often involved difficulties in such areas as passage rights, importing goods, currency, provision of utilities and health services, and host nation cooperation. Thus, over time, enclaves have tended to be eliminated. For example, two-thirds of

3441-520: The 19th century, with London growing in all directions. To the East the Port of London grew rapidly during the century, with the construction of many docks, needed as the Thames at the City could not cope with the volume of trade. The arrival of the railways and the Tube meant that London could expand over a much greater area. By the mid-19th century, with London still rapidly expanding in population and area,

3534-748: The Americas (each such enclave being surrounded by the territorial waters of another country). A historical example is West Berlin before the reunification of Germany . Since 1945, all of Berlin had been ruled de jure by the four Allied powers. However, the East German government and the Soviet Union treated East Berlin as an integral part of East Germany, so West Berlin was a de facto enclave within East Germany . Also, 12 small West Berlin enclaves, such as Steinstücken , were separated from

3627-819: The Anglo-Saxon Heptarchy , the London area came in turn under the Kingdoms of Essex , Mercia , and later Wessex , though from the mid 8th century it was frequently under threat from raids by different groups including the Vikings . Bede records that in AD 604 St Augustine consecrated Mellitus as the first bishop to the Anglo-Saxon kingdom of the East Saxons and their king, Sæberht . Sæberht's uncle and overlord, Æthelberht , king of Kent , built

3720-604: The Blitz . Whilst St Paul's Cathedral survived the onslaught, large swathes of the area did not and the particularly heavy raids of late December 1940 led to a firestorm called the Second Great Fire of London . There was a major rebuilding programme in the decades following the war, in some parts (such as at the Barbican) dramatically altering the urban landscape. But the destruction of the older historic fabric allowed

3813-561: The City , is a city , ceremonial county and local government district that contains the ancient centre, and constitutes, along with Canary Wharf , the primary central business district (CBD) of London and one of the leading financial centres of the world. It constituted most of London from its settlement by the Romans in the 1st century AD to the Middle Ages , but the modern area referred to as London has since grown far beyond

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3906-474: The City and Middlesex were regarded as one administratively for addressing crime and keeping the peace (not that the county was a dependency of the city). London's sheriffs continued to serve Middlesex until the county was given its own sheriffs again following the Local Government Act 1888 . By 1141 the whole body of the citizenry was considered to constitute a single community. This ' commune '

3999-489: The City during Jack Cade's Rebellion before being ousted by London citizens following a bloody battle on London Bridge. In 1550, the area south of London Bridge in Southwark came under the control of the City with the establishment of the ward of Bridge Without . The city was burnt severely on a number of occasions, the worst being in 1123 and in the Great Fire of London in 1666. Both of these fires were referred to as

4092-532: The City had already become only a small part of the wider metropolis. An attempt was made in 1894 with the Royal Commission on the Amalgamation of the City and County of London to end the distinction between the city and the surrounding County of London, but a change of government at Westminster meant the option was not taken up. The city as a distinct polity survived despite its position within

4185-457: The City of London boundary. The City is now only a small part of the metropolis of Greater London , though it remains a notable part of central London . The City of London is not one of the London boroughs , a status reserved for the other 32 districts (including Greater London's only other city, the City of Westminster ). It is also a separate ceremonial county, being an enclave surrounded by

4278-705: The City today is the Barbican Estate , constructed between 1965 and 1976. The Museum of London was based there until March 2023 (due to reopen in West Smithfield in 2026), whilst a number of other services provided by the corporation are still maintained on the Barbican Estate. The city has a unique political status, a legacy of its uninterrupted integrity as a corporate city since the Anglo-Saxon period and its singular relationship with

4371-406: The City vote. The City of London Corporation was not reformed by the Municipal Corporations Act 1835 , because it had a more extensive electoral franchise than any other borough or city; in fact, it widened this further with its own equivalent legislation allowing one to become a freeman without being a liveryman . In 1801, the city had a population of about 130,000, but increasing development of

4464-473: The City, the adjacent Tower of London , built to dominate the City, is part of its old defensive perimeter. The City has responsibility for five bridges across the Thames in its capacity as trustee of the Bridge House Estates : Blackfriars Bridge , Millennium Bridge , Southwark Bridge , London Bridge and Tower Bridge . The City is a major business and financial centre, with both the Bank of England and

4557-405: The City. The name London is now ordinarily used for a far wider area than just the City. London most often denotes the sprawling London metropolis, or the 32 Greater London boroughs, in addition to the City of London itself. The local authority for the City, namely the City of London Corporation , is unique in the UK and has some unusual responsibilities for a local council, such as being

4650-519: The Conqueror marched on London, reaching as far as Southwark , but failed to get across London Bridge or defeat the Londoners. He eventually crossed the River Thames at Wallingford , pillaging the land as he went. Rather than continuing the war, Edgar the Ætheling , Edwin of Mercia and Morcar of Northumbria surrendered at Berkhamsted . William granted the citizens of London a charter in 1075;

4743-512: The Corporation holds the ancient office of Town Clerk of London . The city is a ceremonial county which has a Commission of Lieutenancy headed by the Lord Mayor instead of a Lord-Lieutenant and has two Sheriffs instead of a High Sheriff (see list of Sheriffs of London ), quasi-judicial offices appointed by the livery companies , an ancient political system based on the representation and protection of trades ( guilds ). Senior members of

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4836-468: The Gambia and Brunei . Vinokurov (2007) declares, "Technically, Portugal , Denmark , and Canada also border only one foreign state, but they are not enclosed in the geographical, political, or economic sense. They have vast access to international waters. At the same time, there are states that, although in possession of sea access, are still enclosed by the territories of a foreign state." Therefore,

4929-652: The London conurbation and numerous local government reforms . Supporting this status, the city was a special parliamentary borough that elected four members to the unreformed House of Commons , who were retained after the Reform Act 1832 ; reduced to two under the Redistribution of Seats Act 1885 ; and ceased to be a separate constituency under the Representation of the People Act 1948 . Since then

5022-408: The Roman city were similar to those of the City of London today, though the City extends further west than Londinium's Ludgate , and the Thames was undredged and thus wider than it is today, with Londinium's shoreline slightly north of the city's present shoreline. The Romans built a bridge across the river, as early as AD 50, near to today's London Bridge. By the time the London Wall was constructed,

5115-459: The Roman public buildings in Londinium by this time had fallen into decay and disuse, and gradually after the formal withdrawal the city became almost (if not, at times, entirely) uninhabited. The centre of trade and population moved away from the walled Londinium to Lundenwic ("London market"), a settlement to the west, roughly in the modern-day Strand / Aldwych / Covent Garden area. During

5208-563: The Thames, and laying a new city street plan. Alfred's taking of London and the rebuilding of the old Roman city was a turning point in history, not only as the permanent establishment of the City of London, but also as part of a unifying moment in early England, with Wessex becoming the dominant English kingdom and the repelling (to some degree) of the Viking occupation and raids. While London, and indeed England, were afterwards subjected to further periods of Viking and Danish raids and occupation,

5301-462: The Viking occupied parts of England. The refortified Anglo-Saxon settlement was known as Lundenburh ("London Fort", a borough ). The historian Asser said that "Alfred, king of the Anglo-Saxons, restored the city of London splendidly ... and made it habitable once more." Alfred's "restoration" entailed reoccupying and refurbishing the nearly deserted Roman walled city, building quays along

5394-511: The Wardmote the ward's Alderman appoints at least one Deputy for the year ahead, and Wardmotes are also held during elections. Each ward also has a Ward Club, which is similar to a residents' association . The wards are ancient and their number has changed three times since time immemorial : Following boundary changes in 1994, and later reform of the business vote in the city, there was a major boundary and electoral representation revision of

5487-622: The area, particularly in Lime Street . In 1708, Christopher Wren 's masterpiece, St Paul's Cathedral , was completed on his birthday. The first service had been held on 2 December 1697, more than 10 years earlier. It replaced the original St Paul's, which had been completely destroyed in the Great Fire of London, and is considered to be one of the finest cathedrals in Britain and a fine example of Baroque architecture . The 18th century

5580-499: The arms of needle-makers who had premises on the street. The threads and needles used by the members of the Worshipful Company of Merchant Taylors is another possibility, since the livery company's hall has been located on Threadneedle Street since 1347. Before 1598, the road was part of Broad Street, now Old Broad Street. In addition to the Bank of England, there are a number of shops, banks, restaurants and offices located on Threadneedle Street. The Merchant Taylors' Hall , home of

5673-664: The city as a central business district led to this falling to below 5,000 after the Second World War. It has risen slightly to around 9,000 since, largely due to the development of the Barbican Estate . In 2009, the business vote was about 24,000, greatly exceeding residential voters. As the City of London Corporation has not been affected by other municipal legislation over the period of time since then, its electoral practice has become increasingly anomalous. Uniquely for city or borough elections, its elections remain independent-dominated. The business or " non-residential vote "

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5766-558: The city is a minority (in terms of population and area) of the Cities of London and Westminster . The city's population fell rapidly in the 19th century and through most of the 20th century, as people moved outwards in all directions to London's vast suburbs , and many residential buildings were demolished to make way for office blocks. Like many areas of London and other British cities, the City fell victim to large scale and highly destructive aerial bombing during World War II , especially in

5859-542: The city was one of a few examples of the English retaining some authority. The city was not covered by the Domesday Book . William built three castles around the city, to keep Londoners subdued: Around 1132 the City was given the right to appoint its own sheriffs rather than having sheriffs appointed by the monarch. London's chosen sheriffs also served as the sheriffs for the county of Middlesex . This meant that

5952-532: The city's fortunes were in decline, and it faced problems of plague and fire. The Roman Empire entered a long period of instability and decline , including the Carausian Revolt in Britain. In the 3rd and 4th centuries, the city was under attack from Picts , Scots, and Saxon raiders. The decline continued, both for Londinium and the Empire, and in AD 410 the Romans withdrew entirely from Britain. Many of

6045-476: The city, some by only a few meters. True exclave is an extension of the concept of true enclave . In order to access a true exclave from the mainland, a traveller must go through the territory of at least one other state. Semi-enclaves and semi-exclaves are areas that, except for possessing an unsurrounded sea border, would otherwise be enclaves or exclaves. Semi-enclaves can exist as independent states that border only one other state, such as Monaco ,

6138-489: The city. Each ward has an Alderman , who until the mid-1960s held office for life but since put themselves up for re-election at least every 6 years, and are the only directly elected Aldermen in the United Kingdom . Wards continue to have a Beadle , an ancient position which is now largely ceremonial whose main remaining function is the running of an annual Wardmote of electors, representatives and officials. At

6231-438: The construction of modern and larger-scale developments, whereas in those parts not so badly affected by bomb damage the City retains its older character of smaller buildings. The street pattern, which is still largely medieval, was altered slightly in places, although there is a more recent trend of reversing some of the post-war modernist changes made, such as at Paternoster Square . The City suffered terrorist attacks including

6324-509: The corner of Cornhill and Threadneedle Street continues to be the geographical centre of the city's core of banking and financial services, with the Bank of England moving to its present site in 1734, opposite the Royal Exchange. Immediately to the south of Cornhill, Lombard Street was the location from 1691 of Lloyd's Coffee House , which became the world-leading insurance market. London's insurance sector continues to be based in

6417-476: The enclave and exclave system in Baarle . As both Netherlands and Belgium are members of the European Union and Schengen Area , people, goods and services flow freely with little or no restrictions. For illustration, in the figure (above), A1 is a semi-enclave (attached to C and also bounded by water that only touches C's territorial water). Although A2 is an exclave of A, it cannot be classed as an enclave because it shares borders with B and C. The territory A3

6510-402: The enforced reduction of scope of a foreign embassy has always been a possibility, even to the point of expelling the foreign embassy entirely, usually on a breakdown of relations, in reaction to extreme actions such as espionage , or as another form of sanction. The same seems to be possible in profit-driven moving or drilling under any of the sites below, providing safeguards as the structure or

6603-435: The establishment of the City of London and the Kingdom of England prevailed. In the 10th century, Athelstan permitted eight mints to be established, compared with six in his capital, Winchester , indicating the wealth of the city. London Bridge, which had fallen into ruin following the Roman evacuation and abandonment of Londinium, was rebuilt by the Saxons, but was periodically destroyed by Viking raids and storms. As

6696-705: The first skyscraper in the UK. By the 2010s, office space development had intensified in the City, especially in the central, northern and eastern parts, with skyscrapers including 30 St. Mary Axe ("the Gherkin"'), Leadenhall Building ("the Cheesegrater"), 20 Fenchurch Street ("the Walkie-Talkie"), the Broadgate Tower , the Heron Tower and 22 Bishopsgate . The main residential section of

6789-462: The focus of trade and population was moved back to within the old Roman walls, the older Saxon settlement of Lundenwic was largely abandoned and gained the name of Ealdwic (the "old settlement"). The name survives today as Aldwych (the "old market-place"), a name of a street and an area of the City of Westminster between Westminster and the City of London. Following the Battle of Hastings , William

6882-506: The livery companies are known as liverymen and form the Common Hall, which chooses the lord mayor, the sheriffs and certain other officers. The city is made up of 25 wards . They are survivors of the medieval government system that allowed a very local area to exist as a self-governing unit within the wider city. They can be described as electoral/political divisions; ceremonial, geographic and administrative entities; sub-divisions of

6975-598: The neighbouring London Borough of Tower Hamlets . It owns and helps fund the Old Bailey , the Central Criminal Court for England and Wales , as a gift to the nation, having begun as the City and Middlesex Sessions. 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,

7068-611: The police authority. It is also unusual in having responsibilities and ownerships beyond its boundaries, e.g. Hampstead Heath . The corporation is headed by the Lord Mayor of the City of London (an office separate from, and much older than, the Mayor of London ). The Lord Mayor, as of November 2023, is Michael Mainelli . The City is made up of 25 wards , with administration at the historic Guildhall . Other historic sites include St Paul's Cathedral , Royal Exchange , Mansion House , Old Bailey , and Smithfield Market . Although not within

7161-400: The premises. Most non-embassy lands in such ownership are also not enclaves as they fall legally short of extraterritoriality , they are subject to alike court jurisdiction as before their grant/sale in most matters. Nonetheless, for a person's offence against the property itself, equally valid jurisdiction in criminal matters is more likely than elsewhere, assuming the perpetrator is found in

7254-568: The prosecuting authority's homeland. Devoid of permanent residents, formally defined new sovereignty is not warranted or asserted in the examples below. Nonetheless, minor laws, especially on flag flying , are sometimes relaxed to accommodate the needs of the accommodated nation's monument. Embassies enjoy many different legal statuses approaching quasi-sovereignty, depending on the agreements reached and in practice upheld from time-to-time by host nations. Subject to hosts adhering to basic due process of international law , including giving warnings,

7347-576: The retention of the business vote argue that it is a cause of institutional inertia. The City of London (Ward Elections) Act 2002 , a private Act of Parliament, reformed the voting system and greatly increased the business franchise, allowing many more businesses to be represented. Under the new system, the number of non-resident voters has doubled from 16,000 to 32,000. Previously disenfranchised firms (and other organisations) are entitled to nominate voters, in addition to those already represented, and all such bodies are now required to choose their voters in

7440-458: The sea or another body of water, which comprises their own territorial waters (i.e., they are not surrounded by other nations' territorial waters). They border their own territorial waters in addition to a land border with another country, and hence they are not true exclaves. Still, one cannot travel to them on land without going through another country. Attribution of a pene-enclave status to a territory can sometimes be disputed, depending on whether

7533-471: The separate Mayor of London , an office created only in the year 2000), which is responsible for a number of functions and has interests in land beyond the city's boundaries. Unlike other English local authorities, the corporation has two council bodies: the (now largely ceremonial) Court of Aldermen and the Court of Common Council . The Court of Aldermen represents the wards, with each ward (irrespective of size) returning one alderman. The chief executive of

7626-477: The territory is considered to be practically inaccessible from the mainland or not. One or more parcels/holdings of land in most countries is owned by other countries. Most instances are exempt from taxes. In the special case of embassies/consulates these enjoy special privileges driven by international consensus particularly the mutual wish to ensure free diplomatic missions , such as being exempt from major hindrances and host-country arrests in ordinary times on

7719-405: The territory of a single other state that surrounds it. In 2007, Evgeny Vinokurov called this the restrictive definition of "enclave" given by international law, which thus "comprises only so-called 'true enclaves'". Two examples are Büsingen am Hochrhein , a true enclave of Germany, and Campione d'Italia , a true enclave of Italy, both of which are surrounded by Switzerland. The definition of

7812-660: The territory of another country." Thus, a pene-exclave , although having land borders, is not completely surrounded by the other's land or territorial waters. Catudal (1974) and Vinokurov (2007) further elaborate upon examples, including Point Roberts . "Although physical connections by water with Point Roberts are entirely within the sovereignty of the United States, land access is only possible through Canada." Pene-enclaves are also called functional enclaves or practical enclaves. They can exhibit continuity of state territory across territorial waters but, nevertheless,

7905-644: The then-existing national-level enclaves were extinguished on 1 August 2015, when the governments of India and Bangladesh implemented a Land Boundary Agreement that exchanged 162 first-order enclaves (111 Indian and 51 Bangladeshi). This exchange thus effectively removed another two dozen second-order enclaves and one third-order enclave, eliminating 197 of the India–Bangladesh enclaves in all. The residents in these enclaves had complained of being effectively stateless. Only Bangladesh's Dahagram–Angarpota enclave remained. Netherlands and Belgium decided to keep

7998-597: The wards in 2003, and they were reviewed again in 2010 for change in 2013, though not to such a dramatic extent. The review was conducted by senior officers of the corporation and senior judges of the Old Bailey ; the wards are reviewed by this process to avoid malapportionment . The procedure of review is unique in the United Kingdom as it is not conducted by the Electoral Commission or a local government boundary commission every 8 to 12 years, which

8091-431: The western ward of Farringdon Without are within the boundaries and liberties of the City, but can be thought of as independent enclaves . They are two of the few remaining liberties , an old name for a geographic division with special rights. They are extra-parochial areas , historically not governed by the City of London Corporation (and are today regarded as local authorities for most purposes ) and equally outside

8184-456: The word enclave was the Treaty of Madrid , signed in 1526. Later, the term enclave began to be used also to refer to parcels of countries, counties, fiefs, communes, towns, parishes, etc. that were surrounded by alien territory. This French word eventually entered English and other languages to denote the same concept, although local terms have continued to be used. In India, the word "pocket"

8277-533: Was a period of rapid growth for London, reflecting an increasing national population, the early stirrings of the Industrial Revolution , and London's role at the centre of the evolving British Empire . The urban area expanded beyond the borders of the City of London, most notably during this period towards the West End and Westminster. Expansion continued and became more rapid by the beginning of

8370-501: Was abolished in other UK local council elections by the Representation of the People Act 1969 , but was preserved in the City of London. The principal reason given by successive UK governments for retaining this mechanism for giving businesses representation, is that the city is "primarily a place for doing business". About 330,000 non-residents constitute the day-time population and use most of its services, far outnumbering residents, who number around 7,000 (2011). By contrast, opponents of

8463-540: Was formerly also held. Many of the medieval offices and traditions continue to the present day, demonstrating the unique nature of the City and its Corporation . In 1381, the Peasants' Revolt affected London. The rebels took the City and the Tower of London, but the rebellion ended after its leader, Wat Tyler, was killed during a confrontation that included Lord Mayor William Walworth . In 1450, rebel forces again occupied

8556-468: Was situated on Threadneedle Street until 2004, when it relocated to nearby Paternoster Square . The Baltic Exchange was founded in the Virginia and Baltick Coffee House on Threadneedle Street in 1744. It is now located on St Mary Axe . Some believe that the name originated as Three Needle Street, first attested to in 1598, perhaps from a signboard portraying three needles, or from the three needles on

8649-441: Was the origin of the City of London Corporation and the citizens gained the right to appoint, with the king's consent, a mayor in 1189—and to directly elect the mayor from 1215. From medieval times, the city has been composed of 25 ancient wards , each headed by an alderman , who chairs Wardmotes , which still take place at least annually. A Folkmoot , for the whole of the City held at the outdoor cross of St Paul's Cathedral ,

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