Earlier this month parts of the right-wing local and national press in the UK – Daily Mail, Times, City AM – covered Westminster’s criticism of the City of London banning a Taiwanese float from the Lord Mayor’s show. It goes without saying that these media outlets didn’t link the lack of democracy in the City – a local council elected on business votes rather than democratically controlled by local residents – and the authoritarian political system in China. Banning the Taiwanese float isn’t – as the right-wing media would have you believe – simply a matter of the City being greedy for Chinese money. The political system in the City of London is out of step with all other local authorities in the UK, but very much in step with authoritarian regimes around the world. Thus the City shares with China and others a desire to strangle local democracy anywhere it exists.
Years of forecast deficits for the City Fund caused partly by policing costs and uncertain funding from central government mean that the corporation is embarking on a “fundamental review of its priorities and expenditure” in an attempt to put its finances on a more stable footing, according to a report by Jeremy Mayhew, head of the corporation’s finance committee.Read more "City of London Cash Crunch"
City of London councillor Tom Hoffman’s desire to celebrate the four hundredth anniversary of the Mayflower and the Pilgrim Fathers is deeply problematic. Here we will focus only on local colonial issues, although obviously the global aspects of this colonialism should be borne in mind too. Those onboard the Mayflower were English Protestants known at the time as Puritans because they sought to ‘purify’ their religious practices of Roman Catholic influences and maintained that the Church of England had not been fully reformed. The City has longstanding connections to both Protestantism in its Puritan forms and the colonial atrocities associated with this. Much of modern racism was invented and elaborated by hack writers from the Grub Street area on the edge of the City, and it was they who first depicted Irish Catholics as apes, a racist slur subsequently transferred to Africans. This is what Hoffman is celebrating.Read more "Tom Hoffman Seeks Artwashers-In-Residence For City of London Council"
Various media outlets are reporting this morning Extinction Rebellion will be targeting the City of London today because the finance industry funds ecological destruction. Let’s hope this is just a prelude to a new phase of Occupy London.Read more "Extinction Rebellion Targets The City of London"
Given the glass ceiling on top jobs in the City of London and this local authority’s notorious lie machine, it is not surprising to find the utterly undemocratic and business vote dominated local council awardwashing the situation by picking 100 women to receive the Freedom of the City as a way of ‘marking’ the centenary of women getting the vote. More of an eye-opener is the fact that diversity campaigner Miranda Brawn has chosen accept this bauble despite the council failing dismally to tackle gender discrimination on its own patch.Read more "Miranda Brawn & City of London Awardwashing"
Given that the electorate in many City of London wards only runs to a few hundred business votes with residential voters often hovering somewhere around the single figure mark, the opportunities for insiders to manipulate the system are extensive. With such an absurdly small electoral franchise it is difficult for those who aren’t insiders to find five people to nominate them so that they can stand for election. In business vote wards such as the one in which Michael Mainelli was just re-elected unopposed, the voting process is stitched up, having been loaded in such a way so as to make it extremely difficult for those who aren’t of a right-wing and neo-liberal political persuasion to even be able to stand, let alone win an election. Broad Street is too small an area and doesn’t have enough residents to justify it electing a single councillor on its own, let alone the 4 it currently has!Read more "Michael Mainelli’s Broad Street Re-Election A Farce!"
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"