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CORPORATION BEGINS CORPORATE VOTE PUSH

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The Corporation of London has started its promotional push to register the 5,000 companies who won the franchise un...
The Corporation of London has started its promotional push to register the 5,000 companies who won the franchise under a controversial Private Bill passed last year.

Mailshots and site visits have begun in what is the first shake-up of electoral arrangements for the square mile since 1851. It will see companies awarded votes on the basis of staffing levels. An international trading company with 1,000 staff would be able to cast 30 votes at local elections, while a sandwich bar with a staff of nine would receive one vote.

Michael Synder (Ind), chair of the policy and resources committee, said: 'The corporation's main job is to act as a voice for the UK-based financial services industry and the new voting system will give us even more clout to keep doing that job effectively.'

The business representatives will join the City's 6,000 residents and 11,000 sole traders and unlimited partnerships.
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