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The Bank of England and the Royal Exchange

The Bank of England and the Royal Exchange


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The Bank of England and the Royal Exchange

The Bank of England and the Royal Exchange. Bank, London. Date: C. 1912

Mary Evans Picture Library makes available wonderful images created for people to enjoy over the centuries

Media ID 14121211

© Mary Evans / Pharcide

Bank Business Centres Districts Exchange Financial Junction Omnibus Omnibuses Traffic


EDITORS COMMENTS
1. Title: A Historic Financial Hub: The Bank of England and The Royal Exchange, London (C. 1912) 2. Description: This photograph, taken around 1912, showcases a bustling scene at the heart of London's financial district. The Bank of England, an iconic British institution, stands proudly on the left side of the image, its imposing architecture a testament to the power and stability of the British economy. Across the street, The Royal Exchange, a grand building with a rich history, is filled with activity. 3. Background: The Bank of England, founded in 1694, is the central bank of the United Kingdom and the world's oldest surviving central bank. It has played a crucial role in the country's financial history, issuing banknotes, regulating the economy, and acting as the government's banker. The Royal Exchange, originally built in 1566, was a significant commercial hub in London. It was rebuilt in 1661 after the Great Fire of London and became a symbol of London's thriving business community. 4. Scene: In this photograph, horse-drawn omnibuses filled with passengers can be seen at the traffic junction, as people go about their business in the districts surrounding the Bank and the Royal Exchange. The hustle and bustle of the financial centre is palpable, with people hurrying to and fro, carrying briefcases and parcels. The intersection of traffic, both vehicular and pedestrian, adds to the vibrant energy of the scene. 5. Legacy: This photograph offers a glimpse into London's rich financial history, capturing the essence of a time when the Bank of England and the Royal Exchange were at the heart of the city's commercial and economic life. The image stands as a reminder of the enduring importance of these institutions and the dynamic role they continue to play in the global financial landscape.

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