[INTRO]
London's top finance bosses fear global competitors are outpacing the City as a lucrative investment destination.
Executives believe it's the red tape and years of underinvestment that has local businesses lagging behind.
Some have also blamed the soaring housing market, lingering effects of the pandemic and the impact the rising costs of living has on low productivity rates.
Natalie Malgas has more from Paris...
[TEXT]
IN: According to economists, London's...
OUT: NM, PARIS
DUR: 1'11
http://www.fsnradionews.com/feeds/080523-LONDONBIZ-GENERIC.mp3