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
Financial District, Manhattan Financial District, Manhattan The Financial District of Lower Manhattan, also known as FiDi, is a neighborhood located on the southern tip of Manhattan Island, where the City of New York itself originated in 1624. The district comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York. Anchored on Wall Street in the Financial District, New York City has been called both the most financially powerful city and the leading financial center of the world, and the New York Stock Exchange is the world's