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To: ggersh who wrote (174953)7/17/2021 3:16:11 AM
From: maceng2  Respond to of 217739
 
It's a cosy arrangement.

(1) The monarch does not, as is often purported, wait for the lord mayor's permission to enter the City. When the sovereign enters the city, a short ceremony usually takes place where the lord mayor symbolically surrenders his or her authority to the monarch by presenting the sword to them.

Lord Mayor of London - Wikipedia

(2) One of the main functions of the City of London, is representing the interests of Britain's financial services. The City is home to the Bank of England and has traditionally been considered the financial heart of the UK.

What's the Difference Between London and the City of London? (theculturetrip.com)