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
City, University of London Road in Clerkenwell. Other academic sites are: The Rector of City, University of London, is the Lord Mayor of the City of London ex officio. The day-to-day running of the university is the responsibility of the President. The current President is Professor Sir Paul Curran. City, University of London is organised into five schools: In the financial year ended 31 July 2011, City had a total income (including share of joint ventures) of £178.6 million (2008/09 – £174.4 million) and total expenditure of £183.62 million (2008/09 – £178.82 million). Key sources of income included £39.58 million from Funding Council grants