A good read and all a part of what's been going on since... forever.

Tom Wolfe's 'Noonday Underground' has it, but it was old, old news even by then.

No-name nothing nebbish office boys in London have always dressed better than their bosses.
'Suss' is the local word for this.
The bosses may have the money (Even if they don't have the freedom to spend it as they might like) but it's the rest of the congregation who have the suss.

Here again in London we see that class & wealth don't count for anything like as much as they do in the U.S.
Taste and knowledge matter much, much more over here. Stuff you can't buy. Stuff you have to pick up by living the life, talking to everyone & going everywhere. All things that are inaccessable to the wrong people... And by 'the wrong people' I mean what the newspapers might think of as being 'the right people'.
And that's the key to London. We look down on our upper class.

t.