I think the boom in the financial sector in London has definitely generated a massive amount of work and income for the construction industry, look at all the huge stuff being built. Also the service and retail industries, all the people who sell booze, food, coffee, bicycles etc to all the people who now come to the city to work. Whether you like it or not, london is a better place to set up a business and find work due to the boom in this industry. The question is: do these benefits justify the greed, and massively bloated salaries of many in the financial sector, and the resulting widening of the rich /poor divide? I suspect the consensus on this forum would be a big fat NO.
I think the boom in the financial sector in London has definitely generated a massive amount of work and income for the construction industry, look at all the huge stuff being built. Also the service and retail industries, all the people who sell booze, food, coffee, bicycles etc to all the people who now come to the city to work. Whether you like it or not, london is a better place to set up a business and find work due to the boom in this industry. The question is: do these benefits justify the greed, and massively bloated salaries of many in the financial sector, and the resulting widening of the rich /poor divide? I suspect the consensus on this forum would be a big fat NO.