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City of the Damned by Piotr (UK) (22 images)

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The City boomed and now the City is bust. Until the final quarter of 2008, the British economy had seen over ten years of continuous expansion led by an unfettered financial services sector. Deregulation encouraged 479 foreign banks to set up offices in London, as the cut and thrust of global finance fuelled the wider economy. For the estimated 340,000 workers employed in the Square Mile, they were times of plenty.

Times changed. As the global credit crunch exposed the financial...
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