1. Wealth
April 1, 2009

FT: City shuts down as G20 protests begin

By Spear's

The City of London prepared for a day of action by anti-capitalist campaigners on Wednesday in defiant mood but wearing casual clothes.

From the Financial Times:

The City of London prepared for a day of action by anti-capitalist campaigners on Wednesday in defiant mood but wearing casual clothes.

The underground was busier than normal at 7.30 in the morning as workers heading into the centre of the city made prepared for a day of disruptions following warnings from police and employers ahead of protests against the G20 summit.

Thousands of anti-G20 protesters are expected to converge on Wednesday on the City, where they will march on the Bank of England. Many businesses in the heart of the Square Mile, London’s financial district, were closed for the day.

Demonstrators who blame London’s bankers for the global financial crisis say they are planning to “reclaim the City”. Banks and brokerage houses urged employees to avoid provoking the protesters.

To read the full article, visit ft.com

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