Ring of steel is drawn around secret Bilderberg conference at exclusive hotel which will be attended by the Chancellor and Ed Balls

Bilderberg Conference being held at the 5-star Grove Hotel in Watford

Conspiracy theorists claim leaders use event to plot world domination

Anti-capitalists plan to descend on Hertfordshire when it starts tomorrow

Chancellor George Osborne, Ed Balls and other leaders have agreed to go



Jeff Bezos of Amazon and Eric Schmidt of Google will both be attending

'Cyber warfare', 'U.S. foreign policy' and 'Africa's challenges' on agenda

List of 140 politicians, academics and businessmen only includes 14 women



A huge security operation is underway today ahead of the clandestine Bilderberg conference starting at a five-star hotel in Hertfordshire tomorrow.

Anti-capitalists are planning to descend on the secret annual meeting of the world's leading politicians, bankers, academics and business minds.

It is being held at the exclusive Grove Hotel near Watford, which is now surrounded by a giant fence being guarded by police.



Famous for being shrouded in secrecy, the Bilderberg conference is taking place in Britain for the first time since 1998, and conspiracy theorists believe this is where leaders plot world domination.

Scroll down for full Bilderberg Conference guest list and video...



Luxurious: The secretive conference will take place at the five-star Grove Hotel near Watford, Hertfordshire (pictured) and a major police security operation has started today, which includes adding fencing

Preparations: Police were seen doing security checks in bushes outside the hotel and checking the perimeter



Chancellor George Osborne and his Labour counterpart Ed Balls will be there along with Amazon's Jeff Bezos and Eric Schmidt of Google.

But delegates never reveal exactly what is discussed, but it will involve the key issues these leaders believe the world faces.



There is already a heavy police presence in the area because of the fears that the three-day meeting may be disrupted by anti-Globilisation protesters.

Extra fencing was erected in the grounds and footpaths were being closed.

The Grove Hotel, which is set in 300 acres or parkland, is close to the M25, the River Gade and the Grand Union Canal.





Guest list: Chancellor George Osborne and his Labour shadow Ed Balls will attend the Bilderberg Conference

Delegates will be spending three days with the heads of global corporations such as Google, Amazon, Goldman Sachs and BAE Systems as well as other leading figures such as Christine Lagarde, head of the IMF, and former US secretary of state, Henry Kissinger.

They are among the 140 people, including only 14 women - who will this week discuss topics such as ‘cyber warfare’ and ‘jobs, entitlement and debt’.

Dorothy Thornhill, the Mayor of Watford has written to the Prime Minister voicing concern about cost of the security operation will have on Hertfordshire's police budget



Hertfordshire Police said the Bilderberg Group had made a donation to the policing costs of the conference, but would not say how much.



Given the amount of prestigious names set to attend the event at the luxury hotel, local police have been forced to step up security, which will be part-funded by the government.

As a result, there are fears that anti-capitalist protesters will cause ‘violence and disturbance’.

Also attending: Jeff Bezos (left) and Eric Schmidt (right) of Google will be at the clandestine conference



Bilderberg - which will also be attended by former Barclays chairman Marcus Agius - has a shadowy reputation which has come under scrutiny in recent years, forcing organisers to be more open.

A Bilderberg spokesman said in a press release on Monday: ‘The conference has always been a forum for informal, off-the-record discussions about megatrends and the major issues facing the world.



‘Thanks to the private nature of the conference, the participants are not bound by the conventions of office or by pre-agreed positions. As such, they can take time to listen, reflect and gather insights.’

Policing resources in Watford have been stretched to accommodate the elite guests that will arrive tomorrow. Protest are expected to break out

The conference was founded in 1954 as an annual event designed to foster dialogue between Europe and North America. Between 120 and 150 people take part each year.

They will also debate subjects including ‘can the U.S. and Europe grow faster and create jobs’, ‘how big data is changing almost everything’, ‘U.S. foreign policy’ and ‘Africa’s challenges’.

The cloak of secrecy surrounding the meetings bans journalists from attending.



Bilderberg follower Charlie Skelton said today he believes this year's conference to attract more attention than ever.



He also described how at the 2009 meeting in Greece he was 'being chased around Athens by the Greek secret police'.



Speaking to the International Business Times he said: 'I'm expecting quite a large number of people to be coming along to Watford to see it'.

Google has come under fire in recent weeks over reports that it paid just £10million in corporation tax in Britain between 2006 and 2011, despite revenues of £11.9billion.



Amazon said it paid just £2.44million in corporation tax on UK sales of £320million last year - but told investors it in fact turned over 13 times that amount, with British sales of more than £4billion.

