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Occupy London protesters claim empty bank takeover Occupy London protesters claim empty bank takeover
(40 minutes later)
Occupy London Stock Exchange protesters say they have taken over an empty office block in Hackney, east London, belonging to the bank UBS.Occupy London Stock Exchange protesters say they have taken over an empty office block in Hackney, east London, belonging to the bank UBS.
On Thursday, the deadline passed for protesters camping outside St Paul's Cathedral to leave the area or face court action.On Thursday, the deadline passed for protesters camping outside St Paul's Cathedral to leave the area or face court action.
An Occupy London spokesman described the new move as "public repossession".An Occupy London spokesman described the new move as "public repossession".
"As banks repossess families' homes, empty bank property needs to be repossessed by the public," he said."As banks repossess families' homes, empty bank property needs to be repossessed by the public," he said.
The protest group said a dozen activists gained access to the building and secured it on Thursday night, "giving them a legal claim on the space".
Occupy London said it was the group's third space and its first building, adding to its camps at St Paul's Courtyard, and at Finsbury Square, in the City of London.
The City of London Corporation had given protesters at St Paul's until 18:00 GMT on Thursday to clear the "public highway".The City of London Corporation had given protesters at St Paul's until 18:00 GMT on Thursday to clear the "public highway".
But an Occupy London spokeswoman said: "We're not planning on going anywhere."But an Occupy London spokeswoman said: "We're not planning on going anywhere."