From about 1200 the Palace of Westminster, near the abbey, became the principal royal residence, a transition marked by the transfer of royal treasury and financial records to Westminster from Winchester. Later the palace housed the developing Parliament and England's law courts. Thus, London developed two focal points: the City of London (financial/economic) and Westminster (political and cultural).
From about 1200 the Palace of Westminster, .near the abbey became the principal royal residence, a transition marked by the t,ransfer of royal treasury and financial records to Westminster from Winchester Later the palace housed the developing Parliament and England's law courts. Thus, London developed tw.o focal points: the City of London (financial/economic) and Westminster (political and cultural)