Difference between revisions of "City of London Corporation"

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The Corporation is run, as the Sunday Times put it in 1995, by an:
 
The Corporation is run, as the Sunday Times put it in 1995, by an:
 
 
:“exclusive coterie of men who rule the City of London according to conventions laid down in medieval times... at least 21 of the 25 aldermen attended top public schools including Eton, Harrow, Charterhouse, Radley, Haileybury, Rugby and Stowe. They are drawn from some of the most prestigious City names, including Rothschilds and Linklaters & Paines. The City was the only local authority allowed to keep its aldermen when they were abolished elsewhere in 1972. Aldermen wine and dine regularly at the Mansion House, home of the lord mayor of London, and at Guildhall, the official headquarters. They rub shoulders with prime ministers and ministers, not only from Britain, but from abroad. Each alderman gets a turn as lord mayor, for which he is given the use of two Rolls-Royces, travel expenses and the right to live in the Mansion House . There are 230 lunches, dinners and banquets each year at the Mansion House, which has extensive wine cellars and 37 staff." <ref>[http://www.truthaboutlloyds.com/fraud/myth94.html Shunned alderman takes on the City]5 Mar 95, Sunday Times.</ref>
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:“exclusive coterie of men who rule the City of London according to conventions laid down in medieval times... at least 21 of the 25 aldermen attended top public schools including Eton, Harrow, Charterhouse, Radley, Haileybury, Rugby and Stowe. They are drawn from some of the most prestigious City names, including Rothschilds and Linklaters & Paines... The City was the only local authority allowed to keep its aldermen when they were abolished elsewhere in 1972. Aldermen wine and dine regularly at the Mansion House, home of the lord mayor of London, and at Guildhall, the official headquarters. They rub shoulders with prime ministers and ministers, not only from Britain, but from abroad. Each alderman gets a turn as lord mayor, for which he is given the use of two Rolls-Royces, travel expenses and the right to live in the Mansion House . There are 230 lunches, dinners and banquets each year at the Mansion House, which has extensive wine cellars and 37 staff." <ref>[http://www.truthaboutlloyds.com/fraud/myth94.html Shunned alderman takes on the City]5 Mar 95, Sunday Times.</ref>
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==People==
 
==People==
 
*[[Tony Halmos]]
 
*[[Tony Halmos]]

Revision as of 18:29, 7 October 2007

The City of London Corporation (formerly known as the Corporation of London[1]) is the municipal governing body of the City of London. It exercises control only over the City (the "Square Mile," so called for its approximate area), and not over Greater London. It has three main aims: to promote the Business City as the world's leading international financial and business centre; to provide high quality local government services; and to provide a range of additional services for the benefit of London, Londoners and the nation.

The City of London Corporation is formally termed the Mayor and Commonalty and Citizens of the City of London, thus including the Lord Mayor, the Court of Aldermen, and the Court of Common Council.

Local government legislation often makes special provision for the City to be treated as a London borough.

The City of London does not generally exercise authority over two historic extra-parochial areas, the Middle Temple and the Inner Temple, which are adjoining enclaves for two of the Inns of Court in the west of the City. Some statutory functions of the Corporation extend into these two areas.

Elite and secretive

The Corporation is run, as the Sunday Times put it in 1995, by an:

“exclusive coterie of men who rule the City of London according to conventions laid down in medieval times... at least 21 of the 25 aldermen attended top public schools including Eton, Harrow, Charterhouse, Radley, Haileybury, Rugby and Stowe. They are drawn from some of the most prestigious City names, including Rothschilds and Linklaters & Paines... The City was the only local authority allowed to keep its aldermen when they were abolished elsewhere in 1972. Aldermen wine and dine regularly at the Mansion House, home of the lord mayor of London, and at Guildhall, the official headquarters. They rub shoulders with prime ministers and ministers, not only from Britain, but from abroad. Each alderman gets a turn as lord mayor, for which he is given the use of two Rolls-Royces, travel expenses and the right to live in the Mansion House . There are 230 lunches, dinners and banquets each year at the Mansion House, which has extensive wine cellars and 37 staff." [2]

People

Notes

  1. The body was popularly known as the Corporation of London but on 10 November 2005 the Corporation announced that its informal title would from 3 January 2006 be the City of London (or the City of London Corporation where the corporate body needed to be distinguished from the geographical area). This may reduce confusion between the Corporation and the Greater London Authority.
  2. Shunned alderman takes on the City5 Mar 95, Sunday Times.