Given the longstanding involvement of City of London lord mayors and sheriffs in the celebration of slave trader John Cass under the guise of Founder’s Day, we do not think it is enough to replace the current holders of those offices with other people. Rather the archaic and undemocratic posts of lord mayor, sheriff and alderman should be abolished, alongside the undemocratic business vote system that is emblematic of the City of London being the last rotten borough in England. Cass himself was an alderman and sheriff and after several hundred years in which he has been celebrated by those who currently hold these same offices, it is high time the posts were scrapped.Read more "Lord Mayor of London William Russell Caught Red Handed Celebrating Slave Trader John Cass"
Anyone who looks at how the City of London operates will see that it financialises productive sectors of society so that it can suck wealth and life out of the world. Rather than giving anything to society, the City of London just takes and then uses some of the wealth it siphons off to lobby for neo-liberal under-regulated economic policies, so that it might further funnel the world’s resources away from those who need them for the benefit of a super-rich elite who already have way too much. If the City of London were to cease operations today, the UK economy and the world would be hugely improved. In an effort to obscure this fact the City keeps telling porky pies to make it look like it pays more tax than it does, then getting those it is in bed with to repeat these fibs.Read more "More Fibs About Tax & The City of London"
Mark Field has long been known as the Invisible Man because of his unwillingness to engage with his constituents. When his majority was slashed in the 2017 general election he suddenly became slightly more visible and even vaguely interested in the issues that those who were entitled to vote for or against him wished to raise with ‘their’ MP. That said, after Field brutally assaulted Greenpeace activist Janet Barker last week and a video of the incident went viral, several media outlets still carried headlines that included the question “Who Is Mark Field?” However, the media don’t not know this MP the way his constituents don’t know him, because his aloofness and inaccessibility has long been a talking point among us. Until last week it seems Field had been largely operating beneath the radar of the press throughout his stint as an MP. That is apart from a headline grabbing 2005/6 love affair with fellow Tory MP Liz Truss (before she was elected to Parliament) and which ended with the first wife of this self-declared upholder of traditional values and civility divorcing him. The discrepancy between Field’s words and actions are neither failings nor quirks, they are embedded in the City of London culture of greed and entitlement that the MP is more effectively wedded to than any of his spouses.Read more "Mark Field & the City of London’s Culture of Misogyny & Entitlement"
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"
Leaders at the City of London Corporation have been criticised after the prestigious Mansion House was used to honour the “humanitarian” work of the wife of the Turkish president Recep Tayyip Erdoğan, who has thrown thousands of his own people in jail. Emine Erdoğan was given an award by the Global Donors Forum at the prestigious venue “in recognition of her humanitarian service”. Her husband’s regime in Turkey is seen by many as brutal and dictatorial, increasingly run by a clique of his close family and friends.Read more "Alison Gowman, Emine Erdogan & The City of London’s Vested Interests"
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"
Perhaps nothing better sums up Stuart Fraser as a demagogue who has no time for democracy than the following quote: “I would be most content if I leave the City in a better state than I came to it. Yes, it’s a general statement, but I would still like the City of London to dominate the world.” From “Stuart Fraser keeps a cool head in the eye of the storm” by Yvette Essen, Daily Telegraph, 2 June 2008. Needless to say it’s dictators who seek to dominate the world, not democrats. And not quite a ‘newsflash’ for Stuart Fraser: after the crash and political fall out from that, you’ve left the City of London weaker than when you headed this reprehensible anti-democratic institution. From here on in it looks like things can only get worse for this rotten borough.Read more "Stuart Fraser & The City of London’s Antipathy To Democracy"
The aldermanic election in Portsoken on 14 December 2014 provides a peek into the surreal nature of City politics. Despite three out of four candidates standing as independents, at least two of these ‘independents’ had binding party political affiliations. Labour have caused a bit of an upset in the City in recent years by successfully standing official candidates for election in three out of four ‘residential’ wards, Portsoken, Aldersgate and Cripplegate.Read more "Portsoken Election Demonstrates Urgent Need For City Reform"
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!"