City of London four of the eight wards accounted for 67% of the 'square mile' and held 86% of the population, and these were in fact similar to and named after four City of London wards: The City has a unique electoral system. Most of its voters are representatives of businesses and other bodies that occupy premises in the City. Its ancient wards have very unequal numbers of voters. In elections, both the businesses based in the City and the residents of the City vote. The City of London Corporation was not reformed by the Municipal Corporations Act 1835, because it had a
East London Tech City East London Tech City East London Tech City (also known as Tech City and Silicon Roundabout) is the term for a technology cluster of high-tech companies located in Shoreditch/St Luke's and also in Hackney Wick in London, England. Its nucleus broadly occupies an area between St Luke's and Hackney Road. A cluster of web businesses initially developed around the Old Street Roundabout in 2008. The area had historically been relatively run down compared to the City. The 2008–09 recession further suppressed rents through the closure of numerous firms, making it affordable to technology start-ups, while redundancies from financial services companies,