The Crossrail deal struck between the Corporation of London when it saw headed by ‘Sir’ Michael Snyder and the 2007 Labour government highlights the blurring between the corporation’s two roles, that of a local authority with public funds and a lobbying body with even larger private funds. An internal corporation document presented to councillors in October 2007 stated that, “there would be a number of pre-conditions to be satisfied before funding was released”. One of these was “a net real terms improvement in government funding of the City Corporation”. The corporation wanted the government to reinstate a fund known as the “City Offset” “The City Offset was re-instated… in 2007 following representations from the City of London Corporation,” said a spokesman for the Department for Communities and Local Government… This means the corporation could end up recouping all of the money it is contributing to Crossrail. As the internal corporation document states, if the extra government funding to the corporation continued for fifteen years, “the eventual adverse impact on our asset base would be £15m or less”. Given that Crossrail inflates the value of lands owned by the corporation adjacent to it and the extra funding could continue for more than 15 years, the City potentially stood to make a great deal of money from this deal.
In his letter on freemasonry, City of London Councillor Edward Lord fails to address or explain why more than fifty percent of the City of London’s Lord Mayors since the founding of the Guildhall Lodge 3116 have been members of it. Information on this subject can be found in various places. The Paviors Lodge 5646 puts it like this on it’s website: “The Guildhall Lodge Number 3116 was established in 1905 for the Aldermen and Common Councillors of the City of London. To date, no less that 78 Masters of this distinguished lodge have also been Lord Mayors of the City of London.” This might well be taken as indicating behind the scenes influence at the Guildhall.Read more "Edward Lord, The City of London and Freemasonry"