17/10/2011 03:19 BST | Updated 16/12/2011 05:12 GMT

Occupy London: Workers Face Protesters In Capital's Square Mile

Anti-capitalist protests in the heart of London's financial district are entering their third day.

Activists set up a makeshift campsite on Saturday in front of St Paul's Cathedral after police blocked them from the London Stock Exchange in nearby Paternoster Square.

Similar protests inspired by the Occupy Wall Street movement in New York took place all over the world this weekend and led to violence in Rome.

Around 200 people were expected to spend the night in around 80 tents and under tarps. They will come face to face with financial workers accessing London's Square Mile for the first time during the morning commute.

Kai Wargalla, 26, who started the Facebook page which kick-started the London protests, said: "The financial workers will be coming to the City and it's hard to say how they will react to us but we are planning to be open and inclusive."

On Sunday protesters won the support of the Rev Dr Giles Fraser, Canon Chancellor of St Paul's Cathedral. Dr Fraser said that while he had not given his specific backing to the occupation of St Paul's Churchyard, he supported the democratic right to protest. He said: "People have a right to protest and it's been very good natured. Church went down well this morning. There were no problems. We had no problems getting people in. People were very helpful."

A spokesman for the protesters said the demonstration was to "challenge the bankers and the financial institutions which recklessly gambled our economy". "This occupation and 20 other occupations all around the UK have been directly inspired by what's happening all across America and especially Wall Street," he added.

Police made eight arrests at the protest over the weekend, and six men were charged. Michael Firth, 39, of Claremont Road, Surbiton, Surrey, was charged under the Public Order Act. Benjamin Marsh, 28, of no fixed address, was charged with the possession of cannabis. Justin Nickol, 30, of High Street, Walton-on-the-Naze, Essex, was charged with failing to remove covering, contrary to the Public Order Act. Nigal McCorkell, 24, of Belgrade Road, north London, was charged with affray. Daniel Walsh, 21, of no fixed abode was charged under the Public Order Act and with possession of cannabis.

A final man, whose details were not released by police, was charged under the Public Order Act.

Those charged will appear at City of London Magistrates Court on October 21.