A monthly column from LSCA’s Mark Lee.
Long before the merger of Coopers and Lybrand with Price Waterhouse creating the firm we now know as PwC, the former firm was known as Cooper Brothers.
Cooper Brothers was originally based in Gutter Lane, London. Indeed they may have been the only building with an address identified as being in Gutter Lane.
Legend has it that at one stage the partners wrote to the Corporation of London suggesting that in view of their long tenancy it might be appropriate to rename the place Coopers Lane.
The Corporation, so the story goes, wrote back saying "as we've been here longer why don't you change your name to Gutter Brothers."
With thanks to Mark Lee FCA, mentor, speaker and debunker for allowing us to publish this London themed item from his AccountingFun.co.uk blog.