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"
Before I sat down to write this piece, I came across a photograph on social media posted yesterday and captioned: “Back of Liverpool Street Station – the sterile hell of a corporate winter wonderland.” The area shown in this smartphone snap is in the City of London and what was said about it really chimed with my feelings over not just the Culture Mile but also most City Public Realm projects in recent years. The council’s Department of the Built Environment is clearly in need of reform just as much as the political body that controls it. We really do need to take back the city.Read more "Culture Mile: A Cynical Exercise in Marginalisation & Social Exclusion"
We have absolutely no problem with Banksy’s PR work on Basquiat’s behalf – because we like the artist he’s paying tribute to! Likewise Banksy was almost certainly unaware of how Taylor Wimpey – with help from the least democratic council in the UK – are planning to screw over local people with their Denizen development blocking up to 70% of light from our local flats, schools and park; but nonetheless if he’s serious about being a ‘street artist’ then Banksy should take a stand against this project since he’s installed his new murals right next to its proposed site. Less urgently we’d also like Banksy clarify his position on the Culture Mile, yet another cynical City of London project we oppose.Read more "Banksy Murals & Golden Lane Ghost Homes"