"The Guardian reported last week that the corporation has invested at least £100m
of public money in land purchases that opponents claim will enhance the value of
neighbouring developments by Hammerson, the property company that has
employed [Hammerson's and Finchley's Michael] Bear since [2003]."
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| Link to The Guardian |
"The City of London Corporation is facing
fresh conflict of interest questions over links between senior elected
representatives and property developers involved in major projects in and around
the Square Mile.
"The latest case involves a member of the corporation's planning committee
with an alleged conflict of interest over his links to a property company given
permission to go ahead with a disputed development.
"British Land, one of the UK's largest property development companies, was
given a green light in April for the construction of a huge £340m
headquarters for the Swiss bank UBS .
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