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
City of London Corporation money made from the corporation's property and investment earnings. 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