Steve Bolton of Legal & General Investment Management who’ve just lent the city £125m describes the Culture Mile and related projects as ‘regeneration’ but we’ve heard that one before – what this really means is the marginalisation and social exclusion of anyone who isn’t rich. Here we reproduce Bolton’s Halloween trick or toxic treat message as reported in one branch of the corporate media.Read more "City Of London Residents Get A Choice Between Halloween Trick or Toxic Treat"
Following the Occupy London protests in 2012, the Corporation released information about “City’s Cash”—the “sovereign wealth fund” stemming from the 15th century. Over 52 percent of its reserve in that year came from investments, with 29 percent from school fees, 8 percent from rent, and 9 percent from grants, contributions and reimbursements. By 2016 its assets stood at £2.3 billion, generating £210 million yearly. The 2018-23 Corporate Plan cynically insists “everything we do contributes toward the achievement of twelve outcomes.” Those listed include: “People have equal opportunities to enrich their lives and reach their full potential” and to “Help provide homes that London and Londoner’s need.” The City of London actually devotes its main energies to furthering the inequality that produces untold misery and hardship.Read more "The City of London, House Building Targets & Business Votes"
With Balfron Tower’s working class community decanted to be replaced by rich ghost home investors, and similar things happening at other sites celebrated by Zupagrafika, just where do this design studio stand on such matters? Brutal London can all too easily be perceived as artwashing of this process. Zupagrafika donating a percentage of the profits from the project to campaigns fighting against the displacement of the working class communities connected to these buildings would do a lot to stop Brutal London being seen by all sides in this battle as an uncritical celebration of gentrification and social cleansing.Read more "Where Do Zupagrafika Stand On Brutal Capitalism Destroying London Communities?"
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"
In a previous post we addressed the opaque nature of one of Michael Bear’s entries on his Register of Interests as a member of the City of London council. We would still like him to clarify whether or not what he lists as the ‘Grand Charity Society’ is in fact the Freemason’s Grand Charity; and if it is then whether or not – as would seem likely – he is a Freemason. It has now come to our attention that Michael Bear seems to have overlooked his Arion Capital appointment in March when he last updated his register of interests on 12th June, 2017.Read more "‘Sir’ Michael Bear’s Register of Interests Again!"
Anyone who cares to do a web search will find that a number of conspiracy sites list ‘Sir’ Michael Bear as the 683rd Lord Mayor of London and a Freemason belonging to the Guildhall Lodge #3116. That said, for those concerned with social justice, the speculative masonry of City of London councillors is of little interest; we are much more concerned about operative masonry – the connections between these men and urban ‘regeneration’ schemes, as well as the building and construction industry.Read more "Is ‘Sir’ Michael Bear’s Declaration Of Interests On The Square?"