BBC news clip on LIFFE move from Royal Exchange to Cannon Bridge


Above is a couple minute clip from the BBC which was recently uploaded about LIFFE’s shift from the Royal Exchange to it’s larger trading floor at Cannon Bridge in late 1991.  Every time I visit London, I always walk through the Royal Exchange and it’s hard to believe that it was once home to trading pits but like the rest of the industry, adapted by transformation into optimal use, in it’s case a retail development.  Towards the end of the clip, there is mention of “Essex Man” which, as an American I had to have explained to me in the past, and the closest American equivalent I’d compare it to would be someone from New Jersey.

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