Modern London
Modern London
Today Greater London comprises the City of London and the 32 London boroughs (including the City of Westminster). 12 of these boroughs are defined as Inner London, the remaining 20 defined as Outer London. The dominant centre of activity in London is the City of Westminster (including the West End) which is the main cultural, entertainment and consumer district, the location of most of London’s major corporate headquarters outside of the financial services sector, and the centre of the UK’s national government.
The City of London (also known as the “Square Mile") is at the centre of international finance, and is Europe’s main business centre. The headquarters of more than 100 of Europe’s 500 largest companies are all in London. The London foreign exchange market is the largest in the world, with an average daily turnover of $504 billion, more than the New York and Tokyo exchanges combined. While very busy during the working week, most parts of the City tend to be quiet at weekends, since it is primarily a non-residential area.
London is one of the most visited cities on earth. Tourist attractions are located mainly in Central London, comprising the historic City of London; the West End with its many cinemas, bars, clubs, theaters, shops and restaurants; the City of Westminster with Westminster Abbey, the royal residences of Buckingham Palace, Clarence House and St. James’s Palace; the Royal Borough of Kensington and Chelsea with its museums (the Science Museum, Natural History Museum, and Victoria and Albert Museum) and Hyde Park. Other important tourist attractions include St Paul’s Cathedral, the National Gallery; the South Bank and Bankside areas of Southwark with the Globe Theatre and the Tate Modern; London Bridge, Tower Bridge, the Tower of London, and the Tate Britain on the Embankment; and the British Museum in Bloomsbury. There are many other places of interest across the city.