Is London losing its financial appeal?

He said: "Financial services is the number one success story in London but it is looking more and more likely that this will change. We are not expecting a mass exodus of managers but a steady erosion of the financial industry, which is very mobile, as asset managers decide to move out for personal, life style and tax reasons. "London has changed so much since the 1980s when most 'financial foreigners' started arriving; it is now a very modern but also very busy city suffering from pollution and poor infrastructure, not to mention rising crime. On top of that, the Government runs the ris...