immibis parent
On the flip side, that's mostly because London takes all their wealth and crowds out wealth generation
People move to where the jobs are. That's how most English towns came to exist in the first place in the industrial revolution.
We're ~30 years into a new information/digital revolution and London is a world centre of it. There's plenty of wealth generation happening. People are welcome to sit and wait for it to come to them if they want.
Can you give me some examples of wealth generation from London?. You can exclude the massive amount of Financial Services that they shout about so much, that is just a way of skimming wealth of real businesses.
Seeing as you're already here, why don't you go to the last HN hiring page and search for London, then you can apply your special criteria about what's a real business and what isn't.