Hmmm, this is pretty different to my experience (as both employee and employer), perhaps it depends on the skillset and exact location.
I have a (non-finance related) start-up in central London and it's pretty difficult to find skilled developers with 4-5 years experience who are asking for less than £50k p/a.
I have a (non-finance related) start-up in central London and it's pretty difficult to find skilled developers with 4-5 years experience who are asking for less than £50k p/a.