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At this time the Bank of England was founded, and the British East India Company was expanding its influence. Lloyd's of London also began to operate in the late 17th century. In 1700, London handled 80% of England's imports, 69% of its exports and 86% of its re-exports.
Along with professional services headquarters, the City of London is home to the Bank of England, London Stock Exchange, and Lloyd's of London insurance market. [256] Founded in 1690, Barclays, whose branch in Enfield, north London installed the first cash machine (ATM) in 1967, is one of the oldest banks in continuous operation. [257]
57 – 8 January: The earliest known handwritten document in the UK is created in London, a financial record in one of the Roman 'Bloomberg tablets' found during 2010–13 on the site of Londinium. Another dated to 65/70-80 AD gives the earliest known written record of the name of Londinium. [7] 60 or 61 – Londinium is sacked by forces of ...
In 2009, the City of London accounted for 2.4% of UK GDP. [14] London's foreign exchange market has been described by Reuters as 'the crown jewel of London's financial sector'. [82] Of the $3.98 trillion daily global turnover, as measured in 2009, trading in London accounted for around $1.85 trillion, or 46.7% of the total. [14]
The Kingdom of England was a sovereign state on the island of Great Britain from the early tenth century, when it was unified from various Anglo-Saxon kingdoms, until 1 May 1707, when it united with Scotland to form the Kingdom of Great Britain, which would later become the United Kingdom.
London stands on the River Thames in southeast England, at the head of a 50-mile (80 km) tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Romans as Londinium and has retained its medieval
England, as part of the UK, joined the European Economic Community in 1973, which became the European Union in 1993. The UK left the EU in 2020. There is a movement in England to create a devolved English Parliament. This would give England a local Parliament like those already functioning for Scotland, Northern Ireland and Wales.
The following outline is provided as an overview of and topical guide to the city known as London: London – capital and most populous city of England, and the United Kingdom. On the River Thames in the south east of the island of Great Britain, London has been a major settlement for two millennia. It was founded by the Romans, who named it ...