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"Labour fielded eight candidates for the authority's 100-seat lower house - standing against bankers, lawyers and accountants - and won five seats. It pledged to spend more of the area's vast wealth on residents rather than on lobbying for financial services."

"I'm very proud to have played my part in a great victory for Labour in the City," said Richard Crossan, a public relations consultant and Barbican resident, after being elected for Labour. "This is a very special day indeed."

http://uk.reuters.com/article/uk-britain-labour-city-idUKKBN16V0RJ