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.
The way in which men only freemasonic groups impact upon diversity within the City of London Corporation is disturbing. To date there have been 688 Lord Mayors who were men and 2 who were women. Since the founding of the Guildhall Lodge in 1905, 78 Lord Mayors of London have belonged to this men only freemasonic group. So over the past 113 years at least 69.03% of Lord Mayors of London have been masons, whereas 1.77% have been women. Although well under 1% of the English population are masons, members of the brotherhood have a better chance of becoming Lord Mayor of London than non-masons; and women who aren’t allowed to join influential all male lodges are largely excluded from such leadership roles.Read more "Diversity & Freemasonry At The City of London Council"