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Following the weekend devaluation of the pound the London Stock Exchange
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Following the weekend devaluation of the pound the London Stock Exchange
Following the weekend devaluation of the pound the London Stock Exchange and banks were closed today - Monday. Jobbers were not allowed to deal in any shares but brokers gathered in Throgmorton Street to find out the latest prices of shares on the Paris Bourse. The empty floor of the stock exchange at 10.30am. 20th November 1967
Eddie Waters
Daily Mirror
Mirrorpix
London
Greater London
England
X10803
Media ID 21719403
© Mirrorpix
Archiveids Business Employment Inner Boroughs Inner London Inside Interior Jobs Shares Stock Exchange
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This print captures a significant moment in the history of the London Stock Exchange. Taken on November 20th, 1967, following a weekend devaluation of the pound, the stock exchange and banks were closed for business on this particular Monday. As jobbers found themselves unable to deal in any shares, brokers gathered together in Throgmorton Street, eager to gather information about the latest prices of shares on the Paris Bourse. The image showcases an empty floor within the stock exchange at precisely 10:30 am that day. The absence of bustling activity usually associated with this iconic financial hub creates a sense of stillness and anticipation. It serves as a visual testament to how external economic events can dramatically impact global markets. Eddie Waters skillfully captured this historic moment through his lens, preserving it for future generations to witness. This photograph not only documents an important episode in London's financial history but also offers us a glimpse into the inner workings of one of the world's most renowned stock exchanges during that era. As we gaze upon this snapshot frozen in time, we are reminded of how interconnected our global economy truly is and how even small fluctuations can have far-reaching consequences. Eddie Waters' work continues to provide valuable insights into our past while offering us an opportunity to reflect upon our present-day financial landscape.
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