Oyez! Oyez! Oyez! On the Steps of The Royal Exchange
The Royal Exchange in the heart of the City of London is well known for its luxury shops and restaurants, but did you know that it is the site of royal proclamations too?
Oyez! Oyez! Oyez!
The royal proclamation of the dissolution of Parliament, 31st May 2024
The Royal Exchange: A Brief History
The Royal Exchange, founded in 1565 by Sir Thomas Gresham and opened by Queen Elizabeth I, has long been a symbol of London's commercial prowess. It originally served as a centre for merchants to conduct business, becoming the nucleus of the city's financial district. It was also the first venue in the country to be granted an alcohol license, as well as the site of the first shopping mall. The Exchange has been rebuilt twice after two devastating fires in 1666 and 1838; the current building was designed by Sir William Tite and completed in 1844. This neoclassical structure, with its imposing columns, continues to dominate the corner of Cornhill and Threadneedle Street.
Did you know?
London’s earliest stockbrokers used to meet in The Royal Exchange, but they were thrown out for being too rowdy. They moved to the coffee houses such as Jonathan’s, which eventually evolved into the Stock Exchange.
Royal Proclamations at The Royal Exchange
In keeping with its royal status, The Royal Exchange has been the site of royal proclamations for centuries. In 2022, Charles III was proclaimed King here, in the second reading of the proclamation announcing his accession to the throne. This was followed by announcements all across the country. More recently, the royal proclamation of the dissolution of Parliament was read by the Common Cryer and Serjeant-at-Arms, Major Peter Oweh, outside The Royal Exchange on 31st May 2024.
Discover The Royal Exchange on a City of London Walking Tour
Finance, fire and fashion, The Royal Exchange has seen it all. Join me on a walking tour of the Square Mile to explore Bank Junction and the surrounding area, or get in touch to request a bespoke tour.
FAQs
What is the Royal Exchange?
The Royal Exchange is a historic building located in the City of London. Founded in 1565 by Sir Thomas Gresham, it was originally a centre for commerce and finance. The current building, completed in 1844, is a neoclassical structure designed by Sir William Tite. Today, it houses luxury shops, restaurants, and bars, and is a popular destination for visitors, locals and City workers.
How do I get to the Royal Exchange?
By Tube: The Royal Exchange is conveniently located near several London Underground stations. The closest ones are Bank (Central, Northern, Waterloo & City lines, and the DLR) and Monument (District and Circle lines). Both stations are just a short walk away.
By Bus: Numerous bus routes serve the area around the Royal Exchange, including routes 8, 11, 21, 23, 26, 43, 76, 141, 133, and 242. Check the latest bus schedules and routes on the Transport for London website.
By Train: The Royal Exchange is accessible from several mainline railway stations, including London Cannon Street, London Liverpool Street, and London Bridge. Each of these stations is within walking distance or a short tube/bus ride away.
What are the opening times of the Royal Exchange?
The Royal Exchange is generally open during the following hours:
Monday to Friday: 7.30am - 10pm
Saturday and Sunday: Closed
However, individual shops and restaurants within the Royal Exchange may have different opening times.
