New lords - none are capitalists (9)

I believe the answer is:

londoners

'are capitalists' is the definition.
(people who live in the UK capital)

'new lords none' is the wordplay.
'new' indicates an anagram.
'lords'+'none'='lordsnone'
'lordsnone' with letters rearranged gives 'LONDONERS'.

I've seen this clue in The Daily Express.

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