Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Reform group in bid to control City of London

 

Kevin Rawlinson
Friday 30 November 2012 15:36 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

A group of politicians, clergy and former members of the Occupy London movement have launched a bid to take control of the body which governs London’s financial district.

The group will support a host of candidates standing for election to the City of London Corporation’s (CoLC) main decision-making body, the Common Council, early next year on a ticket of radical reform of the secretive organisation.

Members of the City Reform Group, who include the Conservative MP David Davis and the former Canon Chancellor of St Paul’s Cathedral Giles Fraser, want to see greater transparency in the CoLC. They have promised to publish all of its financial secrets, should their supporters gain an electoral foothold in March.

“The City of London Corporation certainly needs to be reclaimed by the people. It is a public authority and it should be more for the common good. There is a question about it masquerading as a public body but lobbying for private interest. It is very important that it publishes its accounts in full,” Dr Fraser said this week.

David Davis said the campaign was not about increasing regulation imposed on the City or on the Corporation but making it run more efficiently.

A spokesman for the CoLC said: “We favour of people being actively engaged in the elections and we hope a lot of people will come out and vote.

“Our spending is published in detail and all that we do is debated fully and is the subject of reports, almost all of which are published.”

Common Councillors are elected by a combination of local residents and businesses.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in