"The New City" explores the evolution of urban centers, focusing on the financial hub of London. It delves into the impact of deregulation and technological advancements on the city's financial markets, including stock exchanges, banking, and foreign exchange. The article also discusses the challenges faced by the banking sector, the dynamics of the foreign exchange market, and the emergence of financial futures. Additionally, it touches on the role of central banks, such as the Bank of England, in regulating the financial industry. Overall, the research highlights the transformation of the city's financial landscape and the implications of global economic shifts on financial institutions.