Elle can't counter London gloom as US employees flee

LONDON: Andrew Wesbecher moved to London from New York in 2006 to sell software to banks and hedge funds. This month he joined the exodus of American expatriates fleeing high taxes and the city's shrinking financial industry.

"I'm the last guy to leave that I know," said Wesbecher, 29, who worked for Tibco Software Inc and lived in Notting Hill, the London neighborhood that's home to billionaire Richard Branson and model Elle Macpherson. "We are all packing up."