Building    From 1566 

Royal Exchange

Categories: Commerce

The Royal Exchange was established by Thomas Gresham in 1566, following his, and his father's, favourable experiences of the Antwerp Bourse as a place where merchants could arrange credit and loans and so trade effectively.

The first building was lost in the Great Fire but replaced by 1669. A fire insurance company, Royal Exchange Assurance, was based in this building which is depicted on their insignia. Despite this, another, more localised, fire destroyed the second Royal Exchange building in 1838. Prince Albert laid the foundation stone of the third (and last, as of 2007) on 17 January 1842 and two years later Queen Victoria presided at the opening ceremony. This building is by Sir William Tite. If you want to know about the sculpture in the pediment, by Richard Westmacott, son of Richard Westmacott, then Ornamental Passions is the place to go.

Renovated in 2001, the Grade 1 listed building is now, it seems, mainly occupied by seriously expensive jewellery shops. IainVisits has (illicit) photos. 2017:Londonist visited the building and didn't like it very much.

Murals inside painted in 1892 by Lord Leighton and Frank Brangwyn. 2016: Londonist reports that these are at risk.

2023: Londonist's roving reporter found some statues from the building, the one destroyed in the 1838 fire, in the garden of a hotel in Swanage.

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This section lists the memorials where the subject on this page is commemorated:
Royal Exchange

Commemorated ati

Prince Albert - Holborn

Prince Albert, dressed as a field marshal, doffs his hat to the passing traff...

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Ignatius Sancho

Ignatius Sancho

Writer, shopkeeper and socialite. Born on a slave ship bound for the West Indies (his birth year is approximate). His first name was Charles, but he was baptised Ignatius. His mother died soon afte...

Person, Commerce, Literature, Race Issues

2 memorials
Doves Bindery

Doves Bindery

The Doves Press in Hammersmith was founded in 1900 by Thomas Cobden-Sanderson in partnership with Emery Walker and was named after the nearby pub.  Sanderson had already set up The Doves Bindery in...

Place, Commerce, Literature

2 memorials
National Provident Institution

National Provident Institution

In 1835 two men, who had been successful with the Friends Provident Institution, selling life assurance only to Quakers, formed the less choosy National Provident Institution, opening for business ...

Group, Commerce

2 memorials
Wilson Smithett & Co Ltd

Wilson Smithett & Co Ltd

Wholesalers of coffee, tea, cocoa and spices, located at 202 Blackfriars Road (2021). The Daily Mail has an interesting 2004 article about tea tasting at the Wilson, Smithett tea brokers office, S...

Group, Commerce, Food & Drink

1 memorial
Sydney Simmons

Sydney Simmons

From Parish of Frien Barnet: "... born in Okehampton, Devon ... made a fortune from a patent carpet cleaning process. By 1891, Sydney and his wife Annie were living in Friern Barnet at their house ...

Person, Benefactor, Commerce, Philanthropy

2 memorials