The London Company, an investment management company, released “The London Company Large Cap Strategy” first quarter 2025 investor letter. A copy of the letter can be downloaded here.

London is “off-limits” to young people from poorer backgrounds and has become an “epicentre of the elites”, a study has suggested.

Noting that more than two-thirds of the socially mobile have never made a long-term move there, he warned London is "essentially off-limits to ambitious people from poorer backgrounds who grow up ...