The Square Mile, also known as the City of London, is a small area in central London that serves as the financial district of the city. It covers approximately 1.12 square miles and is home to many of the UK's major banks, financial institutions, and corporations. The area is known for its iconic skyline, featuring buildings like the Shard and the Gherkin. Historically, the Square Mile has been a center of trade and commerce since the Roman era. It is governed by its own local authority, the City of London Corporation, which has unique powers and responsibilities. The area also boasts a rich cultural heritage, with landmarks such as St. Paul's Cathedral and the Tower of London.