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How The City Developed, Part Seven: Lloyd’s of London

Lloydsoflondon

Alongside the founding of the Bank of England, the making of London as the City of Finance can be traced to two other key developments that occurred at the same time: the opening of an insurance centre and a stock exchange. Coincidentally, all of these things happened around the same …

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How The City Developed, Part Six: The Bank of England

Bank_of_England_Charter_sealing_1694

Following the disaster of Charles II’s spending under the Stuarts, the newly reformed operations were stabilised under the new monarch, King William III. Realising that his purse was haemorrhaging and that he couldn’t do the same as Charles, as in just default, William decided to create a new Bank that …

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How The City Developed, Part Six: The Bank of England

Bank_of_England_Charter_sealing_1694

Following the disaster of Charles II’s spending under the Stuarts, the newly reformed operations were stabilised under the new monarch, King William III. Realising that his purse was haemorrhaging and that he couldn’t do the same as Charles, as in just default, William decided to create a new Bank that …

Read More »

How The City Developed, Part Five: The Stuarts

Exchequer

After the Tudors, England went through a period of massive turmoil under the new Royal Household of the Stuarts. Throughout the 17th Century, the Royal Household (the Crown) and Government (Parliament) were at war, both figuratively and literally. The 1640s saw a massive revolution in the country, with the execution …

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How The City Developed, Part Five: The Stuarts

Exchequer

After the Tudors, England went through a period of massive turmoil under the new Royal Household of the Stuarts. Throughout the 17th Century, the Royal Household (the Crown) and Government (Parliament) were at war, both figuratively and literally. The 1640s saw a massive revolution in the country, with the execution …

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How The City Developed, Part Four: The Tudors

Thomas_Gresham

We finished Part Three of our History of the City with a nod to Sir Thomas Gresham, Banker to Queen Elizabeth I and forefather of all things in the City of London today. Thomas was the son of Sir Richard Gresham, a merchant who also became Lord Mayor of London in …

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How The City Developed, Part Three: Medieval Times

Old london bridge

The first proper bridge in London was built in 1176 and completed in 1209. There had been other bridges built by the Romans and Vikings, but these were always of wood and generally got burnt and pulled down. The bridge of 1209 was built of stone, and had longevity. In …

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How The City Developed, Part Two: The Vikings

Medieval london

Following on from yesterday’s post about the Romans building London, they left in 410 A.D. and the City went to rack and ruin over the following centuries as the buildings were left untended. Then, in the ninth century, the Vikings came to rape and pillage and used Lundenwic and Lundenberg …

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How The City Developed, Part Two: The Vikings

Medieval london

Following on from yesterday’s post about the Romans building London, they left in 410 A.D. and the City went to rack and ruin over the following centuries as the buildings were left untended. Then, in the ninth century, the Vikings came to rape and pillage and used Lundenwic and Lundenberg …

Read More »

How The City Developed, Part One: The Romans

Roman-london

I’m just reading a few books about London in the olden days, with one particularly good read: City of London Past, by Richard Tames (1995). For some reason, in these uncertain future times, it’s interesting to look back to the past. Here’s a few excerpts that give you an idea …

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How The City Developed, Part One: The Romans

Roman-london

I’m just reading a few books about London in the olden days, with one particularly good read: City of London Past, by Richard Tames (1995). For some reason, in these uncertain future times, it’s interesting to look back to the past. Here’s a few excerpts that give you an idea …

Read More »

Are bankers good or bad for society?

In October 2009 I presented at Gresham College to the theme of: Are bankers good or bad for society? I think it's one of my better presentations, and just noticed that a video was placed online by the College … Meanwhile, if you want the whole presentation, slides, script etc, then …

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Are bankers good or bad for society?

In October 2009 I presented at Gresham College to the theme of: Are bankers good or bad for society? I think it's one of my better presentations, and just noticed that a video was placed online by the College … Meanwhile, if you want the whole presentation, slides, script etc, then …

Read More »

We are Knights of the Bank Table

Knights Templar

Sometimes, especially in the summer, it gives a time for reflection and surprise.   Today's surprise is the story of how the Knights Templar invented modern banking and made the Swiss the best bankers in the world. This is prompted by the Knights Templar being back in the news again, …

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Science proves money and sex do go together

A while ago, I mentioned Jeremy Clarkson's immortal billboard poster line to advertise the Times: Money and rumpy-pumpy are the twin engines powering everything we do For those unsure about this, 'rumpy-pumpy' means sex.  Mind you, money was invented for sex anyway, so that's nothing new. But what Jeremy and …

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