Margaret’s New London Market

Margaret's New London Market

In the 1950s a young girl who would be Queen spent her time watching her father plough fields alone. Whilst other men ploughed together, the girl’s father seemed destined and determined to do his work alone, so much so he came to believe his isolation refletced a natural state of man; that the only way to plough was to plough alone.

As the young girl matured into a woman, she, like her father continued to have the same feelings of not fitting in, of being determined to plough her own field. However underneath it all she seemed to know differently, to sense her father’s struggle. Somehow, in some way, she wanted to help him, make things easier for him.

The determination of this girl was unparalleled, furthermore she was astute and could learn quickly, all of which meant that with time she found herself as the governess of that same market town the Romans had established some two thousand years before.

Wanting to emulate the Roman’s achievements, she attempted to turn this place into one of the world’s great trading centres for financial, accounting and investment instruments, where people like her father would be helped by being free to work and get on. Like the Romans she wanted to harness a previously untapped power, the power of deregulated banks and competition. Inspired by the Roman’s aqueducts, she encouraged the engineering of electronic rivers, which bought cash flowing into the market town. Inspired by the Roman’s appropriation of foreign labour she invited international bankers and financial businesses, from the United States and Switzerland in particular, to create such bridges.

Margaret’s New London Market as it came to be called rose up, metaphorically and literatally, as towers of glass and steel. So big did this market become that pretty soon a population of men and women, of the size of a small city, would descend upon the market place in the morning and then leave in the evening. During weekdays the market place was a hive of activity, in the evening and weekends a ghost town. However the young girl, become a woman, was not content to rest on her laurels.

Keen to expand these markets, to allow her vendors, her father figures, the freedom she felt they needed, she agreed for the northern part of the Isle of Dogs in East London, a place called Canary Wharf, to be developed into a second financial market place. Glass and steel edifices were constructed, some of the biggest known.

Margaret smiled at what she saw, she saw her father, hundreds and thousands of people like her father working together, working their hardest to make a living, without restraint. She felt happy, because her father no longer seemed so alone, so neither did she.

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