Explained: The secret City of London which is not part of London

Re:Explained: The secret City of London which is not part of... by patrickdavey on Sunday June 23, 2024 @05:46AM (#40766099)

Also some pretty interesting tax and voting rules there ... Corporations get a vote, pretty much meaning they run the place.

https://www.thecollector.com/what-makes-the-city-of-london-u...

There's a good book called "treasure islands" all about tax havens... The city definitely features.

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Re:Explained: The secret City of London which is not part of... by DrBazza on Sunday June 23, 2024 @06:07AM (#40766191)

And it has the fewest residents of any London borough by a couple of orders of magnitude. So it probably makes sense that businesses have a bit more say.

https://www.statista.com/statistics/381055/london-population...

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Re:Explained: The secret City of London which is not part of... by BillEllson on Sunday June 23, 2024 @12:03PM (#40768397)

City of London Ward Lists consist of c19,000 individuals, who have one vote each.

Corporations voting = urban myth

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Re:Explained: The secret City of London which is not part of... by pmyteh on Sunday June 23, 2024 @01:07PM (#40768885)

Some of those individuals are not residents but expressly included as nominees of their businesses, a form of franchise that exists nowhere else in the UK.

It's true that the vote is exercised by the company's nominee, not the company itself, but that's only because the company itself can't show up at the polling station. Business voters are expressly included to represent their organisations[0], and do.

[0]: https://www.cityoflondon.gov.uk/about-us/voting-elections/bu...

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