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@jaw
I've lived in and around London for over 15 years and jumped ship two years ago.
London, for me, is the best city to live and work in. If I'd move back to Europe it'd be Palma or Amsterdam as London is getting close to being unaffordable to live in if your household income is <£70k pa (wanting to buy somewhere).
Next step will be further out east, Singapore, Indonesia, Thailand or Vietnam.
In England I've lived for 9 months in Bristol back in 2005 which I really enjoyed and also for a while just outside Brighton which isn't that much cheaper than London.