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London is seen as the financial capital of the world but regulation is weighing down on that status as the city is starting to lose ground to other jurisdictions.
A record 1.5m over-65s are still in the workforce as the cost of living crisis puts retirement out of reach for many.
More than one in 10 people aged 65 or over were either in work or job hunting in the three months to April, analysis of Office for National Statistics data shows.
A falling fertility rate and ageing population is a toxic combination for Britain's retirees
The UK government has announced £58 million in funding to support disabled people and people with health conditions in England to find and stay in work.