Not only in America: Wall Street protests are coming to London

Thousands join online group as demonstrators vow to 'Occupy the Stock Exchange' today

Police will take "any steps necessary" to keep order in the City today as demonstrators planning to occupy London's financial district vowed to hold out for as long as they could in a protest against corporate greed.

More than 13,700 people had last night expressed their support on Facebook for the the protest, called Occupy the London Stock Exchange. It is inspired by similar demonstrations in New York.

The Occupy LSX website claimed that 5,000 people had confirmed they would attend the event. But one leading member said yesterday they could not be sure how many would turn out and were hoping for about 1,000.

The demonstration is supported and partly organised by UK Uncut, which protested against Arcadia boss Philip Green's businesses, the Fortnum & Mason store in Picadilly and health reforms on Westminster Bridge last Sunday. "We are prepared for the police, arrests will not deter us, but rather will galvanise us," one protester said. He said he hoped the numbers could be boosted by spreading the word on social-networking sites. The action was planned "in support of other occupations" going on across the world, he said. Organisers described it as a "global movement for real democracy".

One protester planning to attend said the demonstrators were trying to keep their tactics under wraps but were likely to protest "outside selected corporations' headquarters as well as demonstrating in front of shops; everything is on the table".

Singer Billy Bragg showed his support yesterday, posting a message on Twitter saying: "The time has come... Occupy the London Stock Exchange... I'll be there."

Occupy LSX issued a statement: "After huge bailouts and in the face of unemployment, privatisation and austerity, we still see profits for the rich on the increase." The group called for "equality and justice for all" and added: "We will occupy the Stock Exchange, reclaiming space in the face of the financial system and using it to voice ideas for how we can work towards a better future. A future free from austerity, growing inequality, unemployment, tax injustice and a political élite who ignores its citizens."

A Met police spokesman said there was a "flexible plan in place to police the event" and added that none of its tactics were being ruled out – including the controversial kettling of protesters, when officers encircle and detain groups of people they believe are involved in, or are about to be involved in, violent disorder.

But he insisted the police response would be "proportionate". He said: "We will be looking at a range of options and will fit our approach to the situation on the ground."

The protest is due to begin at midday when demonstrators gather at St Paul's Cathedral and prepare to march east into the Square Mile. Organisers asked those planning to attend to "bring plenty of food and water, wrap up warm. Tents, sleeping bags and torches are also a good idea".

Start your day with The Independent, sign up for daily news emails
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Ashdown Group: Front-End Developer - Surrey - £40,000

£30000 - £40000 per annum: Ashdown Group: Front-End Developer - Guildford/Craw...

Recruitment Genius: Customer Service Assistant

£13500 - £15000 per annum: Recruitment Genius: A Customer Service Assistant is...

Recruitment Genius: Sales Executive - OTE £35,000

£16000 - £35000 per annum: Recruitment Genius: An ambitious and motivated Sale...

Recruitment Genius: Gas Installation Support Engineer

£20000 - £23000 per annum: Recruitment Genius: A Gas Installation Support Engi...

Day In a Page

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

How a costume drama became a Sunday night staple
Miliband promises no stamp duty for first-time buyers as he pushes Tories on housing

Miliband promises no stamp duty for first-time buyers

Labour leader pushes Tories on housing
Aviation history is littered with grand failures - from the the Bristol Brabazon to Concorde - but what went wrong with the SuperJumbo?

Aviation history is littered with grand failures

But what went wrong with the SuperJumbo?
Fear of Putin, Islamists and immigration is giving rise to a new generation of Soviet-style 'iron curtains' right across Europe

Fortress Europe?

Fear of Putin, Islamists and immigration is giving rise to a new generation of 'iron curtains'
Never mind what you're wearing, it's what you're reclining on

Never mind what you're wearing

It's what you're reclining on that matters
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

Chuka Umunna: A virus of racism runs through Ukip

The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

Yemen's exotic war will soon affect Europe

Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

The real-life kingdom of Westeros

Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
How to survive a social-media mauling, by the tough women of Twitter

How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
General Election 2015: Imagine if the leading political parties were fashion labels

Imagine if the leading political parties were fashion labels

Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence