The London property bubble shows renewed signs that it is beginning to burst. Property sellers in the UK have reduced their asking prices and London property prices have fallen by 7.8 per cent on average and as much as 30% in some areas according to City AM today.
City AM – Data via Zoopla
Submitted by Soeren Kern via The Gatestone Institute,
Conservative Party candidate Zac Goldsmith accused Khan of giving "platform, oxygen and cover" to Islamic extremists. He also accused Khan of "hiding behind Britain's Muslims" by branding as "Islamophobes" those who shed light on his past.
When it comes to tracking the nuances at the all important margin of the gold market, few are as observant as ADMISI's Paul Mylchreest, whose December 2014 analysis showed the stunning role gold holds in the new normal as a funding "currency" for BOJ interventions in the form of a long Nikkei/short gold (and vice versa) pair trade, indicating that central banks directly intervene in gold pricing (by selling, of course) when seeking to push paper asset prices higher.
London has voted for a new mayor in the form of Sadiq Khan. He is the first London mayor with Muslim and Asian heritage and he won 57% of over 1.3 million votes. Some people are curious to know if the non-white, non-Christian new mayor of London is also non-homophobic. The Gay UK reports: Sadiq Khan is the MP for Tooting in London.
A British Airways plane travelling from Prague to London’s Heathrow airport was struck by lightening and the moment was captured on film by a photographer. Joe reports: Footage recorded on the ground by photographer Aled Rhys Jones captured the moment the plane was struck by lightning just after 8pm. Aled Rhys Jones YouTube video: A number of passengers flying into London reported lightning strikes on Twitter on Wednesday evening, but there were no reports of any damage to any planes affected.