"City of London": The Place Where the World Stores Its Gold
When one thinks of London, images of Big Ben, the Tower Bridge, and Buckingham Palace often come to mind. However, nestled within the heart of this bustling metropolis lies a district that plays a crucial role in the global financial system: the City of London. Known simply as "The City," this area is not only the financial epicenter of the UK but also a unique jurisdiction with its own governance, laws, and police force. Among its many notable institutions is the Bank of England, whose vaults house gold reserves for central banks from around the world. A Unique Jurisdiction The City of London, covering just over a square mile, is a distinct entity within Greater London. With its own Mayor, known as the Lord Mayor, and an independent police force, the City operates under a different legal framework from the rest of the UK. This special status has historical roots dating back to the medieval period and continues to play a vital role in the City's operations ...
