Global super-rich agreeing to rent luxury London homes without visiting
High-end estate agents say smartphones have transformed lettings and the wealthy are making decisions based on video tours
UK Business
Total UK wealth tops £10tn thanks to City and property boom
Soaring value of homes and financial assets will fuel debate about inequality, as report reveals many Britons are not saving
London’s Walkie Talkie building sold for record-breaking £1.3bn
Sum paid for City skyscraper by Hong Kong food conglomerate Lee Kum Kee is highest ever for a single UK building
Jimmy Choo auctioned off to US fashion brand Michael Kors for £900m
American firm fends off rival bids for fabled British luxury shoes and bag firm
Christie’s reports soaring sales of £10m-plus art
Auction house is boosted by Asian demand as well as lots including £44m Brancusi and £36m Beckmann in first half of year
Electric cars to account for all new vehicle sales in Europe by 2035
Falling battery costs to drive sales but European carmakers will lose out to rivals in the US and Asia, forecasts Dutch bank