City Of London
Mayfair, City of London Go Labour as Rich Areas Spurn Tories
Berkeley Square, Mayfair, London.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Traders and bankers in Mayfair and the City of London are working in a Labour constituency for the first time today, symbolizing the extent to which voters shunned the Conservatives even in traditional strongholds.
The two areas — epicenters of capitalism in the UK — are part of the Cities of London and Westminster constituency, which also includes exclusive neighborhoods like Belgravia and Knightsbridge where the average house price is in the millions. That didn’t stop Labour from winning 39% of the votes as the Conservative Party saw its share of the vote drop 8% to 32%.