City of London Since 1991 Canary Wharf, a few miles east of the City in Tower Hamlets, has become another centre for London's financial services industry which houses many banks and other institutions formerly located in the Square Mile. Although growth has continued in both locations, and there have been relocations in both directions, the Corporation has come to realise that its planning policies may have been causing financial firms to choose Canary Wharf as a location. Many major global companies have their headquarters in the City, including Aviva, BT Group, Lloyds Banking Group, Old Mutual, Prudential, Schroders, Standard Chartered, and Unilever. A
Flag of the City of London Flag of the City of London The flag of the City of London is based on the flag of England, having a centred red St George's Cross on a white background, with the red sword in the upper hoist canton (the top left quarter). The sword is believed to represent the sword that beheaded Saint Paul who is the patron saint of the city. The tip of the sword always points upwards; therefore, when the flag is held on its side as a banner, the sword would be printed to face hoist and would be located on the left as