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Royal Exchange

Building  From 1566 

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 1832. 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.

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Royal Exchange

Information Commemorated at

Prince Albert - Holborn

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

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