Everyone has heard of London and the City of London – while London is a city, the City of London is a different city. Confused? Don’t be. Let us explain the difference! Whereas the term ‘London’ refers to the capital as a whole, The City of London refers to a smaller area close to Liverpool Street Station. This area is also sometimes referred to as The City and the Square Mile. It is this area that’s home to the financial district and is comprised of buildings old and new, most of which are offices. No visit to London is complete without exploring some of what the Square Mile has to offer, so here are eight essential facts to know before you go, keeping confusion to a minimum.
1. Amen Court is thought to be one of the most haunted parts of the City of London. One of the walls on the site is all that remains of Newgate Jail, with Deadman’s Walk on the other side. Deadman’s Walk is where prisoners were lead to their death and it is the site of many burials. This ghoulish memorial is often passed by unnoticed but, with our guide you’re now in the know.
2. It is often thought that The City of London contains no roads, merely alleyways and paths. This isn’t actually true.
3. There are a number of unmissable Square Mile attractions including the Bank of England and the London Stock Exchange. As they’re all located close to each other, you should be able to see most during your visit.
4. Up until 1980, any bank operating in The City of London needed to have an office with a 10 minute walk of the Bank of England. This was so the Chief Executive of every bank could be at the Bank of England within 30 minutes in times of crisis.
5. The Square Mile is a little larger than a square mile, contrary to what the name suggests.
6. The City of London is one of the oldest parts of the capital, though it looks relatively modern. This is because it has been destroyed and rebuilt twice; once after The Great Fire of London in 1666 and again after it was bombed during World War 2.
7. There are a number of transport links in and out of the Square Mile, with London Liverpool Street being the main train station. There are lots of hotels near London Liverpool Street Station, which makes it a popular spot for those travelling for business.
8. The City of London’s business hours overlap with all of the other business hours around the world. This means those in the city can trade with the Eastern Hemisphere in the morning and the Western Hemisphere in the evening.
If you’re heading to London and are interested in staying in or around the Square Mile, consider the Montcalm Royal London House. With luxurious accommodation and the ideal location, it’s a popular spot for visitors to the city.