Not really. It's actually the opposite, the merchants of the city rebelled against the Monarchy basically for very similar reasons that the merchants of America

Not really. It's actually the opposite, the merchants of the city rebelled against the Monarchy basically for very similar reasons that the merchants of America rebelled later and as a result there is still a tradition where the queen has to ask permission from the Lord Mayor of London to cross into 'The City' which is a small borough about 1sqm in size in the centre of Greater London. Not that they are necessarily the good guys, the coat of arms of The City has a dagger on it which is symbolic of the dagger used to murder an early trade unionist.