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...apart from society by his lifelong asthma and eczema. At Glasgow's School of Art, he specialized in mural-painting before graduating to a life of persistent penury with a four-year, wage-free commission to paint The Seven Days of Creation on the ceiling and walls of a local church. Almost no one saw it before the building was razed...

Author: /time Magazine | Title: Shades of Gray | 10/9/2008 | See Source »

...London, finance has been even more important: It now accounts for almost one-fifth of the city's total output, and perhaps as much as one-third if professional services are included. That's far more even than New York, where financial services are about 15% of the local economy...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...successful for its own good? The increasing dependence on financial services has brought in fabulous wealth in the past 15 years, but it has also left the British capital at the mercy of the ups and downs of the moneymen. As finance has soared as a proportion of the local economy, it has eclipsed other sectors. London was once a major center for industry, for example, but manufacturing now accounts for just 6% of the city's output, half the proportion of two decades ago. Has London become too reliant on a single industry, putting all of its eggs into...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...downstream from Tower Bridge and home to the Royal Observatory, which dates back to 1675. It's the birthplace of Greenwich Mean Time, but for years the area was as well known for its mean streets: 19 Greenwich neighborhoods rank among the most deprived in England. Since 2001, the local council has pursued a major state-funded regeneration program aimed at cutting crime and unemployment, and improving the decaying public housing stock. But these days, coexisting with the urban blight, are plenty of new, well-heeled residents in new, well-appointed residences: bankers and others who work at Canary Wharf...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...Local businesses have caught on. At one end of Greenwich's High Street is the Green Baby store, which sells Earth Friendly Baby organic chamomile shampoo and diaper balm made from sweet almond oil and shea butter. A short walk away is the Greenwich Park Bar & Grill, where a burger made from "Kobe" beef raised at a farm in north Wales will set you back $33. Some of these upmarket places have already been feeling the pain. At the Nevada Street Deli, which serves up smoky cheese from County Cork and freshly made poached-salmon sandwiches, owner Laura Heap says...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

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