The City of London’s “charm offensive in the race for renminbi” has paid off, with London daily trading in renminbi now exceeding that in euro, the Financial Times reported. But this is only half the story, which is also about life after Brexit for Britain, and about the nation’s role in China’s “Belt and Road Initiative”. Some have suggested that post-Brexit Britain could become “another Singapore” by modelling itself on successful island economies. But in reality the City of London may be in process of becoming another Hong Kong. The key is that both Britain and its former colony are situated at either end of the Belt and Road project.
Whether London is at number one or number one hundred in the Z/Yen global financial centers index is a matter of indifference to us. What we want is an end to the undemocratic business vote system that sustains plutocracy in the City of London! The residents living under this council have as much right to a democratic local authority as the rest of the UK. It’s a scandal we currently have virtually no say in our local matters due to the dominance of business votes! Say no to business votes, say yes to democracy! Democratic electoral reform now!Read more "Stop Plutocracy in the City of London"
The London based architectural firm that designed the new Beijing international airport is headed by Patrik Schumacher, whose controversial calls for the scrapping of planning restrictions and planning regulations neatly chime with those of Mark Boleat and his colleagues at both the City of London and the Housing & Finance Institute. When it comes to housing and much else, the ideology of the Chinese authorities and the City of London are often hard to differentiate. And this is simply one of many reasons why we must fight against them. Hong Kong-Beijing-City of London, one struggle for democracy!Read more "Catherine McGuinness & The Wrecking Ball Smashing Democracy"
On Tuesday 31st October 2017 at noon, witches mounted a procession to hex the sites of two proposed ‘City fringe’ housing developments that threaten to overshadow popular local parks. They directed a deadly and hostile current of will at the proposed site of Taylor Wimpey’s The Denizen in Golden Lane, after cursing out the proposed St Luke’s Mansions housing development on the space currently occupied by the Finsbury Leisure Centre. The witches are not against more homes being built in the area but what they want to see is social housing for local people built to an appropriate scale and in appropriate places.Read more "Hex In The Park: Cursing Out EC1 Ghost Homes"
GLERA calling for Mark Boleat to resign represents a start to dealing with this scandal, but it is not enough! All those with a seat on the City of London council who aren’t prepared to defend democracy from Boleat’s attacks on it should go immediately; although whether any will agree to resign is a moot point. That said, as the most prominent ‘face’ right now on a local council that has financially supported the Housing & Finance Institute, it is Catherine McGuinness who should be the focus of our disquiet. And so our most immediate demand is: “McGUINNESS MUST GO!”Read more "Mark Boleat’s Attack On Democracy: Catherine McGuinness Must Go Too!"
Since The Denizen is being marketed to property investors in Hong Kong among other places, some of those who buy into these as yet unbuilt ghost flats are likely to hail from that territory. The lack of democracy in the City of London will be familiar to them from their hometown. The local council here is positively feudal and is largely elected on a business vote (something long abolished in the rest of the UK). Both Hong Kong and the City of London could do with a revived version of the ‘umbrella revolution’ associated with the Occupy Central democracy movement on Hong Kong Island. However it seems more likely that those buying into The Denizen off-plan will come to terms with ‘the life within’ by drinking several bottles of rum a day, rather than by participating in future Occupy London protests.Read more "The Denizen & Life Within, A Rum Old Story"
The proposed site of The Denizen is a few metres inside the City of London borough boundary, and Taylor Wimpey make far more of this than the location warrants; essentially these will be City fringe properties and like other developments in EC1 they are being marketed as ghost home investments to speculators in South East Asia. Potential victims of Taylor Wimpey’s disingenuous sales pitch in South East Asia will already be familiar with Denizen as a clothes brand owned by Levis but with jeans sold at ‘cheap and cheerful’ prices compared to the company’s ‘original’ products. Although Taylor Wimpey tap into hype about cheap jeans, their proposed development is over-priced and dingy; and life inside it is likely to be ‘solitary, poor, nasty, brutish and short’.Read more "The Denizen: Where Dumb Meets Stupid"