Earlier quoted context omitted.
The Mayor of London doesn't have any power over the City of London Corporation. They are completely separate authorities. The Corporation is essentially a unitary/borough-tier local authority, overseeing the "square mile" centre of the city, and has a council of elected councilmen. It provides housing, education, social services, street cleaning, markets etc for a small area of central London, and has existed since t…
Fun fact, the City of London is the last local authority in the UK where businesses as well residents get to vote. Businesses can appoint one voter for every five employees up to 50, and then one per 50 employees after that.
London's 850-year-old food markets to close
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Re: London's 850-year-old food markets to close
#172Earlier quoted context omitted.
Fun fact, the City of London is the last local authority in the UK where businesses as well residents get to vote. Businesses can appoint one voter for every five employees up to 50, and then one per 50 employees after that.
Do you know how that adds up, what the ratio of business votes to residential votes is? I imagine many more people work in the city than live there.
as a business voter I went to my ward's annual meeting (wardmote), they were surprised to see a non-resident there
nearly the entire thing was about issues residents care about (late noise, cycle paths, petty crime, etc)
that and their amazing new plans for billingsgate/smithfield
the other are a couple of other things to remember about City ward lists:
1. employers have no involvement other than picking their voters -- it's up to the individuals
2. due to the allocation rules: micro-businesses have most of the votes, so small food vendors have significantly more votes than all the large businessesRe: London's 850-year-old food markets to close
#173Statement from the City of London Corporation which is closing them down: > Chris Hayward, policy chairman of the City of London Corporation, said the > decision represented a "positive new chapter" for the markets as it "empowers > traders to build a sustainable future in premises that align with their > long-term business goals". This is a great statement. Like firing people to free them up to find jobs that better…
Re: London's 850-year-old food markets to close
#174Re: London's 850-year-old food markets to close
#175It's prime real estate land, possibly the best plot in London right now. And so is Smithfield, or at least the land that Museum of London is on, and they're moving to Smithfield. For a while I expect.
The whole thing is just short term profiteering over tradition and a rich history. Some things need preserving.
Re: London's 850-year-old food markets to close
#176Loads of examples of markets turned to food and culture markets both in London and other places.. Lisbon, Stockholm, etc.. and they are thriving!
Re: London's 850-year-old food markets to close
#177The Corporation of London own the land Billingsgate is on. They've been looking to redevelop this for over a decade since the land's value is now magnitudes more than when it was built because of Canary Wharf and the new Canary Wharf Crossrail station. It's prime real estate land, possibly the best plot in London right now. And so is Smithfield, or at least the land that Museum of London is on, and they're moving to…
Re: London's 850-year-old food markets to close
#178Smithfield’s in particular is better as a new home for the London museum and probably more office/retail buildings than a poorly located commercial meat market
Re: London's 850-year-old food markets to close
#179The Corporation of London own the land Billingsgate is on. They've been looking to redevelop this for over a decade since the land's value is now magnitudes more than when it was built because of Canary Wharf and the new Canary Wharf Crossrail station. It's prime real estate land, possibly the best plot in London right now. And so is Smithfield, or at least the land that Museum of London is on, and they're moving to…
Some things do. But is this one of them? The article doesn't make a great case.
And building something new here won't necessarily be short-term.
Re: London's 850-year-old food markets to close
#180Statement from the City of London Corporation which is closing them down: > Chris Hayward, policy chairman of the City of London Corporation, said the > decision represented a "positive new chapter" for the markets as it "empowers > traders to build a sustainable future in premises that align with their > long-term business goals". This is a great statement. Like firing people to free them up to find jobs that better…
A healthy economy is one where money, people, skills, and intellectual property has high velocity, meaning people quickly reorient their productive capacity to where it's most useful.
Well, this would all be true if the UK wasn't going through a lost generation economically. Serves them right for Brexit!