15/10/2011 17:56 BST | Updated 15/12/2011 05:12 GMT

Demonstrators Make Camp In The Shadow Of St Paul's

Demonstrators in London have made camp close to St Paul’s Cathedral following a day of protests that spread around the globe.

Earlier thousands of demonstrators had rallied close to the London Stock Exchange (LSE) in a day of action to protest against the global financial system.

A heavy police presence ensured the demonstrators could not storm the LSE as planned. Instead, they gathered close by and heard addresses from Wikileaks founder Julian Assange and campaigner Peter Tatchell in what was mainly a peaceful protest.

On Saturday evening, police tried to remove demonstrators from the steps of the historic cathedral, which led to some flash points.

However, only five arrests are being reported, and the activists have set up a make shift camp for the night.

Cities around the world saw similar protests, however the event in Rome turned violent after demonstrators clashed with police.