"Part of the changes in the economy have been a factor. We have seen businesses that were previously owned and run and managed from Leeds disappearing or being taken over. Those decision makers have moved to London or Manchester. That's been a factor. I think that Manchester has had its work to do to catch up with Leeds, so maybe people who ran the firms in Manchester reacted to that. They've sharpened their act. Maybe you can't stay at the top forever. These things come in cycles. I do think that Leeds's time will come again."
In return a senior Leeds lawyer remarked, "It's a point of discussion as old as the Wars of the Roses; both Leeds and Manchester have thriving business communities and will no doubt continue to grow as the economy improves."
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