Royal Commission on the Amalgamation of the City and County of London the ancient City of London had been prominent political topics since the 1830s. Recommendations by royal commissions given in 1837, 1854 and 1867 had largely been left unimplemented. The Local Government Act 1888 had set up a County of London which surrounded, but did not include, the square-mile and main business district of the City of London. London was therefore governed by the Corporation of London at its core and the London County Council for its metropolitan area. When the first London County Council was elected, the Progressive Party, closely allied to the parliamentary Liberals, took control. The first chairman
City of London is also unusual in having responsibilities and ownerships beyond its boundaries. The Corporation is headed by the Lord Mayor of the City of London, an office separate from (and much older than) the Mayor of London. The current Lord Mayor, as of November 2018, is Peter Estlin. The City is a major business and financial centre. Throughout the 19th century, the City was the world's primary business centre, and it continues to be a major meeting point for businesses. London came top in the Worldwide Centres of Commerce Index, published in 2008. The insurance industry is focused around the eastern