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The city's electorate is dominated not by its residents
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The Spider's Web: Britain's Second Empire

The city's electorate isdominated not by its residents, but by the private...

The city's electorate is
dominated not by its residents, but by the private business
operating within the city

Full Transcript

00:00:01.000 --> 00:00:04.284
The city's electorate is dominated not by its residents,
00:00:04.284 --> 00:00:08.065
but by the private business operating within the city.
Duration
10 seconds
Views
30
Timestamp in Movie
00:11:07
Uploaded
Oct 30, 2025
Genres
documentary
Production
N/A

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Movie Summary

How Britain transformed from an imperial power to a financial power.
Its lord mayor is selected by the heads of medieval guilds. - The Spider's Web: Britain's Second Empire 00:06
Its lord mayor is selected by the heads of medieval guilds.
- They have a representative in the House of Commons - The Spider's Web: Britain's Second Empire 00:07
- They have a representative in the House of Commons
Apart from the clerks of the House of Commons, - The Spider's Web: Britain's Second Empire 00:06
Apart from the clerks of the House of Commons,
- [Narrator] The City of London - The Spider's Web: Britain's Second Empire 00:14
- [Narrator] The City of London
- The Corporation of London, clearly, - The Spider's Web: Britain's Second Empire 00:16
- The Corporation of London, clearly,
But I don't know if anyone who has studied, - The Spider's Web: Britain's Second Empire 00:11
But I don't know if anyone who has studied,
Some people assume or surmise - The Spider's Web: Britain's Second Empire 00:09
Some people assume or surmise
It is able in one way or another to shape British policy, - The Spider's Web: Britain's Second Empire 00:09
It is able in one way or another to shape British policy,
- Clement Attlee, the prime minister - The Spider's Web: Britain's Second Empire 00:08
- Clement Attlee, the prime minister
"Over and over again, we have seen that there is, - The Spider's Web: Britain's Second Empire 00:09
"Over and over again, we have seen that there is,
"The City of London, a convenient term for a collection - The Spider's Web: Britain's Second Empire 00:10
"The City of London, a convenient term for a collection
"Those who control money can pursue a policy - The Spider's Web: Britain's Second Empire 00:10
"Those who control money can pursue a policy
- [Narrator] At the heart of the City of London - The Spider's Web: Britain's Second Empire 00:06
- [Narrator] At the heart of the City of London
It is also a financial regulator. - The Spider's Web: Britain's Second Empire 00:05
It is also a financial regulator.
At the demise of empire, - The Spider's Web: Britain's Second Empire 00:11
At the demise of empire,
In 1972, the Bank of England issued a license - The Spider's Web: Britain's Second Empire 00:12
In 1972, the Bank of England issued a license
Within 10 years, the BCCI grew - The Spider's Web: Britain's Second Empire 00:08
Within 10 years, the BCCI grew
10 years later, the BCCI was bankrupt. - The Spider's Web: Britain's Second Empire 00:05
10 years later, the BCCI was bankrupt.
- The Deputy Director of the CIA, Richard Kerr, - The Spider's Web: Britain's Second Empire 00:13
- The Deputy Director of the CIA, Richard Kerr,
- [Narrator] But BCCI had not just collaborated - The Spider's Web: Britain's Second Empire 00:14
- [Narrator] But BCCI had not just collaborated