Dirty money inflating London house prices by £11,000 on average, research reveals

SmartSearch has said that money laundering and illicit wealth are making home ownership increasingly unattainable for ordinary families by driving up prices. The post Dirty money inflating London house prices by £11,000 on average, research reveals appeared first on Property Week.

CNBC - How Russia's war exposed the dark side of luxury London 16052022

Following Russia's invasion of Ukraine, and resultant sanctions on President Putin's oligarch elite, a spotlight has been firmly cast on the British capital and its complicity as a store for dirty money. Now, the British government is seeking to salvage its reputation with a clampdown on corruption. But will it be successful? And just how will London fare without its fix of forbidden finance?