When the rules change...
The FinTech industry today
Did you know Bristol used to have its own timezone, which was around ten minutes slower than the time in London? Until railroads connected the two cities and telegraph communications were introduced, the standardisation we’re now used to simply wasn’t required. Time was based on the highest point of the sun in a given location (natural noon) and as this took place at different times in Bristol and London, we had a local time difference up until 1880 when we ditched solar time for Greenwich Mean Time (GMT).