Coffee review

The London Stock Exchange evolved from cafes.

Published: 2024-11-17 Author: World Gafei
Last Updated: 2024/11/17, In 1688, Edward Lloyds opened for business on Tower Street Street on the banks of the Thames, and soon became a place for sailors, merchants, and shipowners to exchange business information. Lloyd pushed the boat along the river to provide a schedule for cargo ships to enter and leave the port, attracting more businessmen who buy and sell marine insurance to get together and trade. In 1691, the cafe ran out of space and moved to rumba

In 1688, Edward Lloyd's Cafe opened in Tower Street on the banks of the Thames and quickly became a place for sailors, merchants and ship owners to exchange business. Lloyd's boat provided a timetable for cargo ships to enter and leave the port, attracting more merchants who bought and sold marine insurance to gather and trade. In 1691, the café ran out of space and moved to Lombard Street, where the insurance group was founded. It has long since been awarded the "blue plaque" by the British authorities as a testimony to its ancient history. Even today, the uniformed receptionist at Lloyd's headquarters is still called "waiter" like the early coffee house, reflecting the long history of coffee.

The London Stock Exchange also evolved from coffee houses. In 1680 Jonathan Miles opened Jonathan's Coffee-House on Exchange Alley and offered information on prices, competing with the Royal Exchange for business and eventually becoming the London Stock Exchange.

0