OccupyLSX weighs up offer from Corporation of London

Occupy London Stock Exchange (OccupyLSX) today (2nd November) met with the Corporation of London at their request. There were seven representatives from OccupyLSX including its legal representative, Paul Ridge of Bindmans, and two representatives from the Corporation.

The Corporation said that they had no objection to the camp continuing until New Year, with the only condition being a clear path for fire access along St Paul’s Churchyard, which would involve a slight reduction in the size of the camp. Representatives of OccupyLSX agreed to take this information back to its General Assembly for discussion and debate, before making a decision on what action to take.

City of London has asked that OccupyLSX representatives join them in a week’s time to discuss the camp’s decision.

Tina Rothery, one of the representatives of OccupyLSX that was present at the meeting commented: “We are delighted. This is a great U-turn from the Corporation of London. And following the backing of the Archbishop and St Paul’s, this is proving to be an exciting time for our movement. Only on Tuesday morning, the Corporation was about to attempt to evict us. Now they are offering a reprieve. However, we need to discuss this offer with our General Assembly and amongst ourselves.

“Our cause – and that of the Occupy movement worldwide – is to strive for social justice and fight for real democracy. We are pleased that legal action is currently off the table and we intend to use this opportunity and the growing momentum of our movement to tackle the iniquities of the financial crisis and those that have caused it.”