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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World's first cash machine

World's first cash machine

In spite of the plaque's claim, there is evidence of a cash dispensing machine being used in Tokyo in 1966. The invention of the British version has been credited to John Shepherd-Barron of the pri...

Event, Commerce, Engineering

2 memorials
Mappin and Webb, Poultry

Mappin and Webb, Poultry

12 - 13 Poultry. Built in 1870, designed by J. &  J. Belcher. Was demolished after a long campaign in 1994 to make way for the delights of Number 1, Poultry. The man responsible, Lord Palumbo, ...

Building, Commerce, Property

2 memorials
Cornhill market

Cornhill market

Cornhill was apparently the only market allowed to be held after noon in the 14th century.  Stow reports Cornhill holding a corn-market (not surprisingly) but also old clothes being sold there.

Event, Commerce

1 memorial
Royal Exchange Assurance

Royal Exchange Assurance

The offices of this company were in the Royal Exchange.  Their insignia depicts the second Royal Exchange Building.

Group, Commerce

1 memorial

Previously viewed

William Hallywel

William Hallywel

Burnt at the stake in Bow (or possibly Stratford) for his Protestant beliefs.

Person, Execution, Religion

1 memorial
David Bellamy

David Bellamy

Environmental campaigner and botanist.  Brought up in London.  Built up a media career as a protector of the environment.  Initially supported the campaign to raise awareness of man-made climate ch...

Person, Gardens / Agriculture, TV & Radio

1 memorial
Benjamin Waugh

Benjamin Waugh

Social reformer and minister. Born in Settle, Yorkshire. Whilst working in the slums of Greenwich, he became appalled at the deprivations and cruelties suffered by children. He wrote 'The Gaol Crad...

Person, Children, Religion, Social Welfare

4 memorials
Councillor W. H. Bryant

Councillor W. H. Bryant

Member of Housing Committee, Diss Street 1922. Councillor and Vice-Chair of the Bethnal Green Baths Committee in 1926. Councillor and on the Bethnal Green Baths Committee in 1926.

Person, Politics & Administration

2 memorials
Walter Gilbert

Walter Gilbert

Sculptor.  Born Rugby.  Cousin to Sir Alfred Gilbert.  His son, Donald, also sculpted and they often worked together.  Other works in London include: some gates at the Freemasons Hall (inside or ou...

Person, Sculpture

8 memorials