Voluntary Sector: Taking action ... Occupy London Stock Exchange vs global financial industry

Protesters: Occupy London Stock Exchange
Target: Global financial industry
Location: St Paul's Cathedral, London
Date: 15 October - ongoing

The lowdown

Hundreds of protesters have set up camp outside St Paul's Cathedral, forcing it to close for the first time since World War Two. With the protesters refusing to leave, the cathedral reportedly stands to lose more than £1m in the run-up to Christmas.

- Why the protest?

The protests have been organised by the Occupy London Stock Exchange movement, part of a wave of similar global protests against the perceived excesses of the financial and banking systems. Activists have cited financial bailouts and banks reporting increasing profits in the face of unemployment, privatisation and austerity. Other organisations including UK Uncut are backing the protest.

- How did the financial industry respond?

Brian Mairs, strategic comms director at the British Bankers' Association, did not rule out meeting protesters: 'If there is a forum to have a sensible discussion, we would be happy to do it.' A source for the City of London Corporation told the Telegraph it was ready to take action but it was up to church authorities to take the lead, as they had invited the protesters to stay in the first place.

- How did the media cover it?

Protests have received extensive worldwide print and broadcast coverage.

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