OCCUPY movement still camping out! News from London…

Having banks that are ‘too big to fail’ which are then bailed out by normal people is wrong.

Demonstrators have camped outside St Paul's Cathedral since October

Demonstrators have camped outside St Paul's Cathedral since October

The demonstrators called for a “future system that is democratic, just, open, accountable and transparent” and discussed the need for regulators to be “genuinely independent of the industries they regulate”.

Campaigners have been camped in the courtyard of St Paul’s since 15 October. The group also occupies Finsbury Square in the City, as well as an abandoned UBS-owned office block in Hackney, which it has dubbed the “Bank of Ideas”.

Camp offers visitors a crisis tour of London

London is already known for its open top buses, Thames riverboat cruises and Jack the Ripper walks – but there’s now a new tour guide in town. How about an enlightening – if somewhat partisan – tour of the capital’s financial district by Occupy London?

The protesters’ first sightseeing tour this week took in the former London headquarters of Lehman Brothers, which collapsed in 2008, as well as those of credit rating agency Moody’s and the banks CitiGroup and Barclays. KPMG’s Canary Wharf HQ was also on the itinerary, as were those of HSBC and Bank of America, all of whom the group blame for causing the financial crisis.

Liam Taylor, the tour guide, told guests: “You are now standing in Tower Hamlets, the local authority with the second highest rate of severe child poverty in the country, and highest level of youth unemployment in London.”

Further tours are planned for the New Year, taking in some of Mayfair’s hedge funds. The group also plans concerts outside St Paul’s after the success of an impromptu gig by Radiohead frontman Thom Yorke, Massive Attack’s 3D and UNKLE’s Tim Goldworthy on Tuesday night.