City of london corporation china a tremendous opportunity for the city and global asset managers3/2/2024 ![]() ![]() He built towers around the place, including the Tower of London, and fortified the rest of London. He created the city of London and gave Londoners their privileges and rights so long as they accepted him as King. ![]() For hundreds of years, the city endured and when William the Conqueror arrived in the 11th century he quite liked it, too. They did what they did best and built roads, walls, bridges, and made this place an excellent hub of trading. 2,000 years ago, the Romans founded a trading post in what is now southern England and they called it Londinium. The City of London developed a unique form of government which led to the system of parliamentary government at the local and national level.” ![]() In fact, it’s often called the “world’s oldest continuously-elected democracy and predates Parliament.” The city of London school website writes, “The Corporation’s structure includes the Lord Mayor, the Court of Aldermen, the Court of Common Council, and the Freemen and Livery of the City. We have to go back a long way when we look at how this corporation began. Tower of London, by The National and Domestic History of England, licensed under CC BY-SA 4.0 via Wikimedia Commons But let’s rewind a little.Īdvertisements History of how London became a corporation It has bosses in a sort of way and lots of staff. The answer it gives is, “Providing services for residents (and City businesses) in the Square Mile, but not those of other boroughs.” And yep, you can apply for a job to City of London Corporation, just like any other. On its website the corporation is perhaps extremely vague when it answers the question concerning what it is responsible for. London is divided into 33 areas, or boroughs, and this area is one of them. So, the City of London Corporation or in legal terms the Mayor and Commonalty and Citizens of the City of London, is the governing body of London’s financial district which is sometimes referred to as the “Square Mile.” Within that mile around 8,000 live, although around 400,000 people commute into that area for work every day, according to the corporation’s own website. Those that don’t know are probably thinking right now what this corporation is? Does it function like the Microsoft Corporation? Does it hire and fire and post annual profits? Does it have a main headquarters and a CEO? Let’s find out. Advertisements London’s not just a city a but a corporation ![]()
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