Hold your breath

Normally, as a journalist, I am the one asking the questions. However, in Stockholm last week, everyone was keen to know how the situation was in London. Was it really a doomsday feel in the streets of the City? Have the lights gone off in the posh night clubs? And can you really get a table in a top restaurant without booking? As the largest financial centre in Europe, the crisis has indeed hit London hard. With thousands of jobs in the sector axed, job security is a thing of the past, as are bonus celebrations and sign-on fees. Some Scandinavians are looking to make the move home; however, as our recruitment feature shows, the promise of a guaranteed job and a cushioned existence is no longer there (page 12)