The City of London and Canary Wharf March 2017 - SBW

The City of London The City of London is one of the world’s leading financial and commercial centres During the 19th century, the City was the world's number one business centre At the heart of the City is the Bank of England Many large commercial banks, the London Stock Exchange and a huge international insurance market led by Lloyd’s are all located in the City However, London now has two financial centres: Canary Wharf has become a competitor to/ an extension of the traditional City of London

The City of London

The Bank of England

Canary Wharf Canary Wharf is a relatively new financial and business district (construction began in 1988), situated 4.0 km to the east of the City It is located in the West India Docks on the Isle of Dogs (which once was one of the busiest ports in the world) The docks were closed in 1980 and several projects were launched to stimulate the redevelopment of the area Canary Wharf now contains around 1,300,000 m2 of office and retail space, and around 90,000 people work there Numerous banks and professional services firms are located in Canary Wharf, including Barclays, Citigroup, Credit Suisse, J. P. Morgan, MetLife and Morgan Stanley

Canary Wharf

Canary Wharf