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Why the London Stock Exchange is one of the places where Charles III is proclaimed king

Proclaimed king for the first time at Saint James’s Palace in London, Charles III was re-proclaimed on the London Stock Exchange at 1 p.m.

This Saturday, September 10, Carlos III is proclaimed king. He was first on the Adhesion Council of Saint James’s Palace in London, then on the London Stock Exchange.

On BFMTV, James Blitz, journalist and former head of the political department of the Financial Times, explains that in the history of England, the City has played a very important role for kings and the monarchy. He remembers that in the 15th, 16th and 17th centuries, the City had the role of protecting the king, protecting the palace because it was in the City that there was money and weapons.

The second reason is related to the dissemination of information. In a time when there were no newspapers, television or radio, it was necessary to find ways to let people know that a new king was coming to the throne. A proclamation in different places had this purpose.

Author: Diana Lacaze
Source: BFM TV

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