In previous posts we’ve focussed on both lord mayor-in-waiting Vincent Keaveny and current lord mayor William Russell participating in the ‘Founder’s Day’ celebration of slave trader John Cass in 2019 and 2017 respectively. Here we will skim through some of the outstanding visual material we have about this annual event which for hundreds of years has been attended by those holding the top posts at the City of London council. However, first we will revisit a picture used in a previous post to put the spotlight on that other lord mayor-in-waiting Michael Mainelli, who we’ve written about more than once before. Here Mainelli is caught on camera on 27 February 2020 in his role of sheriff celebrating the slave trader John Cass on ‘Founder’s Day’.Read more "Michael Mainelli & Other City of London Councillors Celebrating Slave Trader John Cass"
The fact that City of London is the last rotten borough in England has been demonstrated once again, this time by former lord mayor ‘Sir’ Andrew Parmley being the only candidate in the current aldermanic election for Vintry ward, which he will continue to represent. Given the miniscule electorate in this undemocratic business vote ward it is almost impossible for non-establishment figures to get nominated, let alone elected. Parmley, of course, is very much an establishment figure and in common with more than two thirds of lord mayor’s over the past 114 years belongs to the Guildhall Lodge of freemasons (founded in 1905). With its members massively over-represented in top jobs at the City of London council, this men only masonic lodge – number 3116 – is nonetheless allowed to meet for free on City of London premises despite the matter being a glass ceiling issue: only two women have ever held the post of lord mayor, which has long been monopolised by ‘fraternity’ 3116.Read more "Andrew Parmley’s Uncontested Re-Election & Other Affronts To Democracy In The City of London"
Earlier this month the City of London publicised the extremely deceptive claim that the finance sector made a massive tax contribution to the UK economy; this was then picked up from their press department and uncritically run as a story by various tame media outlets. We’d planned to write a blog countering the blatant manipulation of statistics involved if no one else did. However, Prem Sikka stepped forward and did the work for us, so all we need to do here is reproduce his piece from Left Foot Forward.Read more "The City of London Lie Machine In Action"
A story in various media outlets suggests Muyeba Chikonde, Zambia’s High Commissioner to the United Kingdom, has foolishly accepted the Freedom of the City of London. The unsavoury character of some of those given the Freedom of the City has been noted in one of our previous posts, so Muyeba Chikonde now finds himself in the company of paedophiles and disgraced politicians. The coverage we’ve seen in the Zambian media suggests the story is based on a press release issued by the Zambian High Commission in the United Kingdom. However Google search results label some of this coverage ‘satire’. While getting the Freedom of the City of London is a joke, we think it likely Chikonde really did receive this ‘award’ on Monday 10 December 2018.Read more "Muyeba Chikonde’s Freedom of the City of London ‘Award’ Is A Joke"
The usual media suspects – The Times, City AM, City Matters, Financial News London etc. – picked up the story that Peter Estlin was “elected” as Lord Mayor of London on 1 October. Of course Estlin was “elected” by his peers in the finance and legal industries rather than those who actually live within the boundaries of the local authority that he now lords it over. London’s current situation of having two mayors – one for the whole city and one for the much smaller City of London – is ridiculous. London doesn’t need two mayors and the best move Estlin could make if he’s serious about his agenda of social inclusion (we doubt it) is resigning and ensuring his powers and role are handed over to London’s real mayor, the democratically elected Sadiq Khan.Read more "New Lord Mayor Peter Estlin Could Best Address Social Inclusion by Resigning"
Given our recent post on Freedoms of the City of London being handed out to paedophiles and disgraced politicians, we weren’t surprised to clock a new piece of opportunism on this score. The City is keen to get on board with China’s incoherent Belt and Road Initiative, so the fact that last week they handed a ‘Freedom’ to the head of the Bank of China UK was something that could have been predicted in advance. Obviously after laundering the Russian dirty money that’s been drying up of late, the City are desperate for new sources of income – everything the City does is instrumental.Read more "Bank of China CEO Sun Yu Shameless Enough To Accept Freedom of the City of London"
It is rather rich of Charles Bowman to speak about the ‘democratic process’ in Nigeria when he and most of his colleagues in the City of London are ‘elected’ on undemocratic business votes and treat the actual residents of the local authority they administer with complete disdain; all the while gallivanting around the world promoting the interests of the finance industry and ultra-high net worth individuals at the expense of local people in the City of London and billions more around the globe. We’ve already made it clear we don’t trust Charles Bowman and we think anyone who does must be deluded. Shortly before Bowman headed off to Nigeria even the Financial Times was pouring cold water on his Business of Trust agenda.Read more "Trust: The Foreign Office Hums It & Charles Bowman Fakes It"
Despite the economic risks posed by misleading accounting, the bean counters perform their duties with relative impunity. The big firms have persuaded governments that litigation against them is an existential threat to the economy. The unparalleled advantages of a guaranteed market with huge upside and strictly limited downside are the pillars on which the big four’s multi-billion-dollar businesses are built. They are free to make profit without fearing serious consequences of their abuses, whether it is the exploitation of tax laws, slanted consultancy advice or overlooking financial crime.Read more "Who’d Trust Charles Bowman?"
We’re still waiting for the potential conflicts of interests involving planning permission being granted to Taylor Wimpey’s The Denizen development in Golden Lane to be properly addressed by the City of London council (as reported in The Guardian, Daily Mail and elsewhere); these involved Chris Hayward, ‘Sir’ Michael Bear and James Thomson. Meanwhile, this issue just keeps popping up in new guises. While it was heartening to see Bear step down as a councillor late last year (although we don’t know why he did so), the City’s awarding of contracts to Thomson’s Keepmoat continues to rankle Cripplegate residents, and Chris Hayward has strayed back into the probity spotlight for a variety of reasons.Read more "Chris Hayward Still Out To Lunch on Public Perceptions of Probity!"
The new Lord Mayor of London is Charles Bowman and he’s been saying repeatedly he wants the public to trust the City. If Bowman is serious about making public trust his priority while he’s the Lord Mayor, he should be reforming the undemocratic and anachronistic political system in the City of London. He could start by abolishing the business vote and the office of alderman, he is after all the first among equals in the latter. He also needs to address the question of vested interests and make sure firms like Keepmoat who have (or have recently had) top management sitting on the City of London council, aren’t given contracts by this local authority. Bowman needs to ‘Keep Keepmoat Out Of The City’.Read more "Charles Bowman Wants You To Trust The City!"