This neighbourhood is located in the City of London, the second highest ranked financial centre in the world. The City of London, colloquially known as the square mile, employs around 450,000 people predominantly in finance and other professional services, it also generates £10 billion in UK corporation tax revenue – this is a whopping fifth of UK corporation tax revenue. Other than its obvious enormous financial industry, this area is teeming with history such as the ancient St Paul’s Cathedral or more recent Victorian architecture. The area’s rich history and contemporary importance on the British economy distinguishes it from other central London areas, making it a sought after tourist attraction for many.

The first British Roman settlement, Londinium, was formed in the City of London by Romans in 47 AD, acting as a commercial district for England due to its proximity to the River Thames. St Paul’s Cathedral was built in the 16th century, with an extremely turbulent history as the Church we see today is the fourth version due to natural disasters, redesigns and unfinished projects. During the 17th century, the world’s economic borders began to open up more, this made room for London’s prosperous Guilds to invest money in setting up Merchant Venturer Companies which would last until the late 19th century. The City of London is unique in its administration structure, as the 33 Greater London Authorities areas, but is not a Borough.

The City of London only has 8,000 residents, compared to its 450,000 employees. The City of London Corporation, the governing body of the City of London, gives each resident one vote on administrative issues, however they give votes to Corporation bosses depending on the amount of employees they have.

There is often criticism of the level of democracy the City of London has, and governments have tried to democratise it yet failed due to its financial prowess. The City of London is one of London’s most polluted areas.

The City of London has scrapped plans to build 3,700 new homes by 2025. Over £130 million has been invested in City University to fund upcoming infrastructure projects. Recent improvements have been made to Bank Station including a new entrance on Cannon Street, and an expanded Northern Line platform with step free access via a new concourse. Above this new Cannon Street entrance will also sit a new office block. Taller than originally planned, planners recently gave permission for TFL to add an eighth floor to their plans, with work scheduled to start by the end of 2022.