September 5, 2024
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14:29Now PlayingLondon’s luxury real estate market appeared to be in a funk of late—and with little hope of improvement given the looming tax shake-up for the super wealthy.
Or so it seemed. An increasing number of US billionaires and multimillionaires have been relocating to the UK, which has changed the landscape, Bloomberg reporter Damian Shepherd joins hosts Francine Lacqua, David Merritt and Allegra Stratton to discuss.
Is London having another moment? Shaken by Brexit, decimated by the pandemic, threatened by new ways of working and a worsening cost-of-living crisis, the city remains Europe’s (and arguably the world’s) beating heart for finance and for culture. In the wake of turmoil, The City of London is reinventing itself. Every week on In The City, Bloomberg’s Francine Lacqua and David Merritt go behind the scenes in the Square Mile and the wider metropolis, uncovering the stories and speaking to the people that matter.
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