Explaining the city of London is something I've been meaning to do. 'The city' is not all of London. Not even close. It's a small area in the central east where two dragons define either end. Perhaps a reflection of the vicious and cuthroat nature of the majority of people that work there.
It's the equivalent of New York's wall street (so really a singular postal code) that is the heart of London's financial district. The start of the concept of a 'financial district' started here and you can tell, with its limited in height buildings and most banks renting about three to four just to fit all their employees. Our building was considered tall at 6 stories. Now a tall building would be about 10. I wouldn't describe that as 'daring'.
When someone mentions to you that they work in the 'city', they don't work within the bottle (the heart of the tube) - they work within one square mile. Pretty much. If you're looking at the map - the city is the liverpool, bank and moorgate stations. However, the source of the ridiculous wealth comes from this one square mile - the source that pushes house prices despite the recession, that keeps the economy going, that gauges pretty much all of London's economy.
Recently there's been a push to move out of the area by some of the banks. The high rent is not looking appealing and they are headed the way of Canary Wharf (a dump of Toronto's skyscrapers to the east of London), or the west near Kensington (if they are small enough). It would be a shame to lose such a history though.
It's the equivalent of New York's wall street (so really a singular postal code) that is the heart of London's financial district. The start of the concept of a 'financial district' started here and you can tell, with its limited in height buildings and most banks renting about three to four just to fit all their employees. Our building was considered tall at 6 stories. Now a tall building would be about 10. I wouldn't describe that as 'daring'.When someone mentions to you that they work in the 'city', they don't work within the bottle (the heart of the tube) - they work within one square mile. Pretty much. If you're looking at the map - the city is the liverpool, bank and moorgate stations. However, the source of the ridiculous wealth comes from this one square mile - the source that pushes house prices despite the recession, that keeps the economy going, that gauges pretty much all of London's economy.
Recently there's been a push to move out of the area by some of the banks. The high rent is not looking appealing and they are headed the way of Canary Wharf (a dump of Toronto's skyscrapers to the east of London), or the west near Kensington (if they are small enough). It would be a shame to lose such a history though.
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