Interview

City Veteran Blames London’s Decline on ‘Narrow British Way of Life’

  • Interview: Jan du Plessis on CEO pay and accounting scandals
  • Former chairman is now charged with fixing UK audit regulator
Jan Du PlessisPhotographer: Carlotta Cardana/Bloomberg

Jan du Plessis is quick to offer a withering assessment of the City of London’s place in the world.

“It’s clear that over the last five, 10 and 15 years, we have been declining as a financial capital in almost any metric,” he says during an interview at the Financial Reporting Council, which he now chairs. “Certainly relative to the US.”