Lord Mayor of London to the Crown. This pageantry has evolved into one of London's longest-running and most popular annual events, known as the "Lord Mayor's Show". The Lord Mayor travels in the City's state coach that was built in 1757 at a cost of £1,065.0s.3d. Nowadays, this festival combines traditional British pageantry with the element of carnival, and since 1959 it has been held on the second Saturday in November. Participants include the livery companies, bands and members of the military, charities and schools. In the evening, a fireworks display is held. The Lord Mayor is a member of the City of London's
Lord Mayor of London government ministers, businessmen and dignitaries; furthermore, they conduct several foreign visits of their own so as to promote British financial sectors. Banquets hosted by the Lord Mayor serve as opportunities for senior Government figures to deliver major speeches. At the Lord Mayor's Banquet (held on the Monday after the Lord Mayor's Show), the Prime Minister delivers the keynote address. At the Banker's Dinner in June, the Chancellor of the Exchequer delivers a speech known as the "Mansion House Speech", which takes its name from the Lord Mayor's residence. At the Easter Banquet, also hosted each year at the Mansion House,