The City of London is an area of London. In the medieval period it constituted most of London, but the conurbation has grown far beyond it. As the City's boundaries have remained almost unchanged since the Middle Ages, it is now only a tiny part of the metropolis, though it remains a notable part of central London, holds city status in its own right, and is a separate ceremonial county.
It is often referred to as the City (often written on maps as "City") or the Square Mile, as it is just over one square mile (1.12 sq mi/2.90 km2) in area. These terms are also often used as metonyms for the United Kingdom's financial services industry, which continues a notable history of being based in the City.
The term London now refers to a much larger conurbation roughly corresponding to Greater London, a local government area which includes 32 boroughs (including the City of Westminster), in addition to the City of London. The local authority for the City, the City of London Corporation, is unique in the United Kingdom, and has some unusual responsibilities for a local authority in Britain, such as being the police authority for the City. It also has responsibilities and ownerships beyond the City's boundaries. 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 City is today a major business and financial centre, ranking as the leading centre of global finance; throughout the 19th century, the City served as the world's primary business centre, and continues to be a major meeting point for businesses to this day. London came top in the Worldwide Centres of Commerce Index, published in 2008. The other major financial district in London is Canary Wharf, 2.5 miles (4.0 km) to the east.
The City has a resident population of about 7,000 (Census, 2011) but around 316,700 people work there, mainly in the financial services sector. The legal profession forms a major component of the northern and western sides of the City - especially in the Temple and Chancery Lane areas where the Inns of Court are located, of which two—Inner Temple and Middle Temple—fall within the City of London boundary. The insurance industry is focused around the eastern side of the City.
Read more about City Of London: Governance, Geography, Demography, Economy, Education, Criticism
Famous quotes containing the words city of, city and/or london:
“Do you know what Agelisas said, when he was asked why the great city of Lacedomonie was not girded with walls? Because, pointing out the inhabitants and citizens of the city, so expert in military discipline and so strong and well armed: Here, he said, are the walls of the city, meaning that there is no wall but of bones, and that towns and cities can have no more secure nor stronger wall than the virtue of their citizens and inhabitants.”
—François Rabelais (14941553)
“San Francisco is where gay fantasies come true, and the problem the city presents is whether, after all, we wanted these particular dreams to be fulfilledor would we have preferred others? Did we know what price these dreams would exact? Did we anticipate the ways in which, vivid and continuous, they would unsuit us for the business of daily life? Or should our notion of daily life itself be transformed?”
—Edmund White (b. 1940)
“It doesnt matter who you vote for, the government always gets in.”
—Graffiti. London (1970s)