City of London
The
City of London is a small area within
Greater London,
United Kingdom. It is the historic core of London around which the modern conurbation grew and has held city status since time immemorial. The
City’s boundaries have remained almost unchanged since the
Middle Ages, and it is now only a tiny part of the metropolis of London, though remains a notable part of
Central London. 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 has historically been based here. In the medieval period, the
City was the full extent of
London. The term
London now refers to a much larger conurbation roughly corresponding to
Greater London, a local government area which includes 32 London boroughs as well as the
City of London, which is not one of the 32 London boroughs. 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 on a par with New York City 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 City has a resident population of approximately 8,000, but around 320,000 people work there, mainly in the financial services sector. The legal profession form a major component of the western side of the City, especially in the Temple and Chancery Lane areas; these are where the Inns of Court are located, of which two — Inner Temple and Middle Temple — fall within the City of London boundary.
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