February 1906 City of London by-election February 1906 City of London by-election The City of London by-election, February 1906 was a parliamentary by-election held on 27 February 1906 for the British House of Commons constituency of City of London, which covered the "Square Mile" which was the United Kingdom's traditional financial district. The seat had become vacant on the resignation of Alban Gibbs, one of the constituency's two Conservative Members of Parliament (MPs). Gibbs had resigned in order to provide a safe seat for Arthur Balfour. He would go on to succeed his father, Hucks Gibbs, as Baron Aldenham the following year. Balfour had been out
City of London in the City raising loans and finance for the British government, the City "has extracted privileges and freedoms from rules and laws to which the rest of Britain must submit". He further claims that the assistance provided to the institutions based within it, many of which help their rich clients with offshore tax arrangements, mean that the City is "a tax haven in its own right". The documentary asserts the tax haven status that the City provides. City of London The City of London is a city and county that contains the historic centre and the primary central business district