Prime London property, revolting shareholders and the return of austerity: Here's what got us talking this week

 
Catherine Neilan
Follow Catherine
BRITAIN-LIFESTYLE-TRADITION-ANTIQUE-CARS
High-end London homes just don't cut the mustard any more... (Source: Getty)

We watched an all-singing imagining of what life would be like with Jeremy Corbyn for Prime Minister. We discovered the five things that make us happy. And we mourned the loss of the man who reminded us to Mind the Gap.

Keep smiling, little one - the over 65s are actually the happiest people in the UK (Source: Getty)

1) Prime is past its best

Whether it was people in Kensington & Chelsea cutting prices as they try to offload their homes or developers planning tens of thousands more prime properties, this week it became clear that supply in this part of the market was definitely outstripping demand. Luckily, scientists can predict where the next up-and-coming (ie, definitely not prime) housing spots will be.

2) The shareholders are revolting

That is, we assume, how Bob Dudley felt after BP's shareholders rejected his £14m package in an unprecendented move. Is the writing on the wall for other blue chip execs now? The City appears braced for a "shareholder spring".

3) Anti-austerity is back with avegence

Certainly demonstrating against it is. Watch out if you're heading into central London today, it's going to get pretty busy.

4) We heard straight from the horses' mouths

City A.M. hosted the first London mayoral hustings this week, and things got pretty heated as Zac Goldsmith and Sadiq Khan clashed over accusations of Islamophobia - there were plenty of other highlights as well. You can watch the key moments here, listen to the debate in full here or hear what members of the audience made of it here.

5) We only had eyes for EU

The official campaigns ahead of the EU referendum have begun and there were a few feathers ruffled by the decision of which groups would lead their respective campaign. Jeremy Corbyn spoke in support of Europe amid claims he was being gagged, while Alistair Darling claimed there was "nothing patriotic" about voting for Brexit. And we were told that immigration wouldn't fall, even if we did leave the bloc.

Leisurely Reads

Would Donald Trump be able to make any changes anyway?

Imagining Donald Trump walking into the White House is difficult, even at this stage. Yet, he looks set to win the Republican nomination, has the support of wide cross sections of society and is reaching voters that other candidates simply don’t seem able to. Read more.

Charts of the Week

Which global banks are suffering the most?

Great reads from elsewhere

As the fall-out of the Panama Papers continues to claim ministerial scalps, this Economist article takes a look at the impact the fight for greater transparency will have.

There's been plenty of talk about diversity in film, but a disappointing lack of figures to assess how the land lies. In this Polygraph article, journalists have analysed film dialogue by gender and it's an eye-opening read.

The last word

The Paypal founder has really had enough

Related articles