City of London
The City of London is also known as the Square Mile, the financial district and historic centre of London for which the the City of London Corporation provides local authority services. The Corporation also invests over £100m every year in heritage and cultural activities of all kinds. It is the UK’s fourth largest funder of cultural activities after the government, the BBC, and Heritage Lottery Fund.
It is also developing Culture Mile between Farringdon and Moorgate – a multi-million-pound investment which will create a new cultural and creative destination for London over the next 10 to 15 years. This includes £110m funding to support the Museum of London’s move to West Smithfield and £2.5m to support the detailed business case for the proposed Centre for Music.