Cheap (ward)
Cheap is a small Wards of the [City of London|ward] in the City of London, England. It stretches west to east from King Edward Street, the border with Farringdon Within ward, to Old Jewry, which adjoins Walbrook; and north to south from Gresham Street, the border with Aldersgate and Bassishaw wards, to Cheapside, the boundary with Cordwainer and Bread Street wards. The name Cheap derives from the Middle English word "cheep, cheap" for "market".
The following roads run north to south across the ward: St. [Martin's Le Grand], Foster Lane, Gutter Lane, Wood Street, Milk Street, King Street, and Ironmonger Lane. Within its boundaries are two Anglican churches: St Vedast [Foster Lane] and St Lawrence Jewry; a third church, St Mildred, Poultry, was demolished in 1872. Several Livery Halls are located in Cheap, including those of the Mercers', Goldsmiths', Wax Chandlers' and Saddlers' Companies.
File:St Lawrence Jewry.JPG|thumb|right|200px|St Lawrence Jewry in Gresham Street
A small part of the Guildhall lies within the ward's boundaries: the main entrance and main hall itself; the remainder is in Bassishaw. Also within Cheap are the Mayor's and [City of London Court|Lord Mayor's and City of London Court] and the southern end of Basinghall Street.
Politics
Cheap is one of 25 Wards of [the United Kingdom|ward]s in the City of London, each electing an Alderman to the Court of Aldermen and Commoners to the Court of Common Council of the City of London Corporation. Only those who are Freemen of the City of London are eligible to stand for election.The ward is currently represented by Alderman Robert Hughes-Penney as well as three Common Councilmen.