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.

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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Other Subjects

Arments

Arments

Eel, pie and mash shop. Founded by husband and wife William and Emily Arment, and still run by their descendants. We don't know if our picture shows the real David Jason as 'Del Boy' or whether the...

Group, Commerce, Food & Drink

1 memorial
W. Young & Son

W. Young & Son

The Young family began fishing the Thames for whitebait in 1750. In 1811 William Young married Elizabeth Martha who had been selling fish at the Greenwich quayside. They set up a fish shop and the ...

Group, Commerce, Food & Drink

1 memorial
Savoy Hotel

Savoy Hotel

Following the success of the Savoy Theatre the hotel was built next door to satisfy the demand for accommodation from the members of the audience. The first London Hotel to have fully plumbed-in ba...

Group, Commerce

9 memorials
Richard Budd

Richard Budd

Born Brixton. Worked in the stock exchange. Father to Henry Budd and lived with Henry's family at 35 Russell Square. Died Tunbridge Wells. Originally buried at St Botolph, Bishopsgate but was moved...

Person, Commerce

1 memorial
Phoenix Fire Office

Phoenix Fire Office

Bryan Mawer says "In 1782, the Phoenix Fire Office was established by sugar refiners for sugar refiners, prompted by objections to the excessive rates charged by the existing insurance companies, i...

Group, Commerce

1 memorial