Tom Bill: What does Liz Truss mean for the prime London property market?
'A short-term boost appears likely from a government already in pre-election giveaway mode,' writes Knight Frank's Tom Bill. 'However, there are longer term economic risks from a bout of short-term fiscal largesse.'
Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.
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In a market so driven by sentiment, a discernible dent in demand might be expected given the current economic and political backdrop - but it hasn’t materialised yet...
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