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I find this badly written, so that its point is buried under a good deal of mystification. I don't care about the backgrounds of the protestors or red cords, or much about William the Conqueror. I'd like to know a) what are the powers of the City of London, b) in what way does the writer consider them harmful, and c) how does he propose to restrict them? All this could be related in much less space.
a) City of London is the underwriter for the International Monetary Fund. City of London manages the finances of the Vatican Bank. City of London is where the Virginia Company was registered, which eventually became the United States of America.

b) Read up on the Schiff, Warburg, Oppenheimer, and Rothschild families.

c) there is no proposal on how to restrict them. patches welcome.