Coat of arms of the City of London 13th-century seal, and on two embroidered seal-bags of 1319, that depicted St Paul holding a sword. It is sometimes said that the sword in the 1381 arms represents the dagger used by Lord Mayor of London William Walworth to kill Wat Tyler, leader of the Peasants' Revolt, on 15 June 1381. This tradition dates at least as far back as the first edition of "Holinshed's Chronicles", published in 1577, but cannot be correct, as the arms were in use some months before Tyler's death. The crest and supporters came into use in the 17th century, but were used without authority
Economics of English towns and trade in the Middle Ages system of poll taxes, aiming to spread the costs of taxation across the entire of English society. One result of the economic and political tensions was the Peasants' Revolt of 1381 in which widespread rural discontent was followed by invasion of London involving thousands of rebels. The rebels had many demands, including the effective end of the feudal institution of serfdom and a cap on the levels of rural rents. The ensuing violence took the political classes by surprise and the revolt was not fully put down until the autumn, with up to 7,000 rebels being executed in the aftermath.