| | The '''City of London''', as distinct from [[London]], is a small area at the heart of London, occupying the site of Roman ''[[Londinium]]'' and forming the core of the medieval [[city]]. It has a population of just 9,200 (2005 est) and an area of 1 sq mile (2.6 sq km) but is a highly important district as it encompasses most of London's main financial institutions; indeed, the term 'the City' is often used to describe the [[UK]] financial sector (as is another term, 'the square mile', referring to the area of the City). This usage has, confusingly, continued even though a significant proportion of the financial sector is now based in [[Canary Wharf]], several miles out from the City. | | The '''City of London''', as distinct from [[London]], is a small area at the heart of London, occupying the site of Roman ''[[Londinium]]'' and forming the core of the medieval [[city]]. It has a population of just 9,200 (2005 est) and an area of 1 sq mile (2.6 sq km) but is a highly important district as it encompasses most of London's main financial institutions; indeed, the term 'the City' is often used to describe the [[UK]] financial sector (as is another term, 'the square mile', referring to the area of the City). This usage has, confusingly, continued even though a significant proportion of the financial sector is now based in [[Canary Wharf]], several miles out from the City. |