City of London Corporation City of London Corporation The City of London Corporation, officially and legally the Mayor and Commonalty and Citizens of the City of London, is the municipal governing body of the City of London, the historic centre of London and the location of much of the United Kingdom's financial sector. In 2006 the name was changed from Corporation of London to avoid confusion with the wider London local government, the Greater London Authority. The Corporation is probably the world's oldest continuously-elected local government authority. Both businesses and residents of the City, or "Square Mile", are entitled to vote in elections, and
Central London "Scheme A" envisaged a central London borough, one of 25, consisting of the City of London, Westminster, Holborn, Finsbury and the inner parts of St Marylebone, St Pancras, Chelsea, Southwark and Lambeth. The boundary deviated from existing lines to include all central London railway stations, the Tower of London and the museums, such that it included small parts of Kensington, Shoreditch, Stepney and Bermondsey. It had an estimated population of 350,000 and occupied . "Scheme B" delineated central London, as one of 7 boroughs, including most of the City of London, the whole of Finsbury and Holborn, most of Westminster