The idea that the City of London, the only place in the UK to maintain the utterly undemocratic business vote, wishes to ‘celebrate the positive impacts of… democracy’ is laughable. If this local authority wanted to celebrate democracy it would reform itself. Likewise, the City of London’s commitment to tolerance can be called into question on many counts, recently and quite notoriously because of the homophobic line of questioning a candidate for Lord Mayor was subjected to. The same goes for freedom. As for belief, there can be little doubt that the City believes in neo-liberal low regulation regimes that allow it and the network of tax havens it connects with to take wealth from those create it and divert it in the form of money to an undeserving corporate elite. None of this will prevent Premier PR from attempting to artwash the City of London as it promotes Believe! Faith, Freedom (and Football) and the culmination of Hannah Starkey’s deployment as Guildhall artist (AKA flunky) in residence, a series of portraits ‘celebrating City women’.Read more "Premier PR & City of London Artwashing"
Bank of England governor Mark Carney has pulled out of a dinner in the Square Mile designed to foster relations between London and China. The City of London Corporation is holding the event at The Guildhall on 3 September. It will be attended by China’s ambassador to the UK, Liu Xiaoming, the Corporation’s policy chief Catherine McGuinness and lord mayor Peter Estlin. Carney says he pulled out due to a diary clash rather than in support of pro-democracy protestors in Hong Kong. The US vice president and notorious bigot Mike Pence will speak at a black tie dinner, hosted by the City of London Corporation, at The Guildhall on 5 September. The City of London Lie Machine pumps out propaganda claiming the Corporation supports LGBT rights but its actions speak louder than its words….Read more "City of London Rolls Out The Red Carpet For Reactionaries As Liu Xiaoming & Mike Pence Are Feted At The Guildhall"
Following our coverage earlier this year of the City of London website being off-line over and after the May bank holiday – and according to rumour due to a cyber attack – it’s interesting to see the business press today reporting the massive scale of such attacks on this rotten borough. Current coverage stresses this as a danger to residents while perhaps unconsciously implying links between our local authority’s peculiar and undemocratic role in international finance and an even greater criminal threat to locals than is found elsewhere in London and across the UK, by invoking attacks on the European Central Bank. While all councils are subject to cyber attacks, it seems that the City of London is a more inviting target because of its status as perhaps the richest neo-liberal lobbyist in the world. In the interest not just of democratic accountability but also of everyone’s safety – and especially that of residents – the City’s business vote system needs to be abolished and its neo-liberal lobbying stopped once and for all. The business vote system prevents local residents having a democratic say in how their local authority is run, and ensures instead that power lies in the hands of the finance and legal industries – who chose to run the council for the benefit of global corporations and the global super rich and against the interests of both the overwhelming majority of those who actually live in the City and billions worldwide.Read more "City of London’s Neo-Liberal Politics Raise Cyber Attack Risks For Residents"
If the City of London and its spokespeople wished to be taken seriously by those it fails to serve and in particular the many Cripplegate ward residents who signed the petition calling for reform of its Standards Committee, then they would have addressed the issues that led to this blog being started – potential conflicts of interest – instead of brushing them off. In the same manner and with the same disdain, this utterly undemocratic local authority brushes off the gagging of councillors who attempt to represent the views of local people as ‘justified’ by rules that apparently don’t apply to the majority in its chambers who speak on behalf of the finance and legal industries.Read more "City of London Gives Its Residents The Finger In Ongoing Gagging Row"
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"
The City’s representational role for the finance industry brings with it the cost of it failing to perform its representational role for those who live in its local authority area; we seem to be viewed as an inconvenience. Much needed democratic checks on the City’s neo-liberal propaganda activities are thwarted by a council election system dominated by business votes. The City needs reforming and this should begin with the abolition of business votes. One person, one vote, is the basis of all truly democratic systems. Those awarded business votes in the City get to vote both there and where they live. Most people having one vote, with a handful getting two, is fundamentally undemocratic.Read more "Mark Boleat On The City & Anti-Democractic ‘Representation’"
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 skyscrapers Hayward wants to see built aren’t simply office space; they are as Alex Simpson observed in an article published on City Metric earlier this year ‘a monument to the city’s worship of finance’. As Simpson notes, developers are sometimes over ambitious and some projects fail. After funding dried up, The Pinnacle was left as a partially built shell and became known as The Stump. Perhaps Hayward is dreaming that the redevelopment of The Stump as 22 Bishopsgate might in some way parallel his future political career no matter how unlikely this seems. On his City website Hayward boasts of 30 years experience in local government and stresses that the last four were as a councillor for the utterly undemocratic business vote ward of Broad Street. Hayward has been forced to scale down his political ambitions from being an MP to being one of a tiny group of councillors ‘elected’ on no votes whatsoever; and it seems that the only way to get Hayward to scale down his support for overdevelopment in the form of schemes like Gerrymander Mansions is to smash the rotten City of London political culture in which he’s enmeshed.Read more "Chris Hayward: Clockwork Tory"