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http://www.thetimes.co.uk/tto/business/industries/construction-property/article3943342.ece Candy warns the luxury property sweet spot could soon turn sour One of Britain’s best-known property developers has warned that the bottom could fall out of the market for the kind of super-luxurious and super-expensive apartments favoured by tycoons and oligarchs. Nick Candy, the chief executive of Candy & Candy, said that the rush to develop high-end luxury flats in London could lead to an oversupply that, in turn, could hit values.
Scrap the BoE says Adam Smith Institute http://www.telegraph.co.uk/finance/bank-of-england/12092171/Scrap-Bank-of-Englands-powers-after-century-of-boom-and-bust-says-think-tank.html After a century of boom and bust, and 'free banking' system before was far more stable. Well Haldane said he can't wait to be replaced by a bot. Let the algo's rule!