Fun fact: the City of London (as opposed to Greater London and its boroughs outside the square mile) is a dictatorship with a mayor annually appointed by the businesses that operate in the City of London.
Smacks of fascism? Yes. They pride themselves as "business friendly", and never met a plutocrat they didn't like. The City of London police is basically a militia for the rich and powerful. They are also in cahoots with Scientology -- some senior officers are Scientologists, and the City of London Police have been known to do their dirty work for them, as previously reported on Slashdot.