Financial Times FT.com

Capital falls out of love with the City

By Bob Sherwood and Sara-Christine Gemson

Published: October 10 2008 18:47 | Last updated: October 10 2008 18:47

They have been the architects of London’s rise to global eminence, championed by politicians, fêted by the media, pursued by social climbers and courted by estate agents and luxury brand purveyors.

For years it seemed banking was the best job in London, providing not just wealth but an ever-increasing social status.

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