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The
Royal Exchange was founded by Sir Thomas Gresham in 1565.
The Elizabethan merchant and courtier established the Exchange
as a centre for commerce.
At the centre of the original
building was a vast courtyard where merchants and tradesmen
did business. Queen Elizabeth I bestowed its Royal title
and to this day the Royal Exchange is one of the sites from
which new monarchs are announced.
The present Royal Exchange, with
its neo-classical portico, overshadows the Bank of England,
and was designed by William Tite and opened by Queen Victoria
in 1844.
A statue over the entrance in
Exchange Buildings honours Gresham and his grasshopper emblem
can be seen on the bell tower.
The forecourt of the Royal Exchange
was first place in Britain to have public lavatories, built
in 1855 for male use only.
After a two-year renovation the
Royal Exchange reopened in December 2001, as a high-class
shopping complex.
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