Greater London is often referred to as "the City" or "the Square Mile" and it forms the main financial district. Archaically, the urbanised area of London was known as the Metropolis. In common usage, the terms "London" and "Greater London" are usually used interchangeably. Greater London is officially divided for some purposes, with varying definitions, into Inner London and Outer London. For some strategic planning purposes it is divided into five sub-regions. Greater London is under the strategic local governance of the Greater London Authority (GLA). It consists of an elected assembly, the London Assembly, and an executive head, the Mayor of
The City: London and the Global Power of Finance The City: London and the Global Power of Finance The City: London and the Global Power of Finance is a 2016 book by British economist and former trader Tony Norfield, published by Verso Books. "The City" is an insider's account of the how the City, as London's financial centre is known, dominates international banking and foreign exchange and shapes global capital. Norfield spent twenty years as a senior trader in the financial district. He uses the inside knowledge to investigate the "role of the US dollar in global trading, the network of British-linked tax havens, the flows of finance around