It’s a stand-off that evokes the drama of the cold war era: the UK and Russia have locked horns over the poisoning of former Russian double agent Sergei Skripal and his daughter in a sleepy English city in March this year.
Unlike during the cold war though, when such events were played out in the shadows, the latest incident has spilled over into a new arena: London’s struggling luxury property market.
For years, Britain has taken a relaxed approach to inbound foreign wealth, much…
Source : South China Morning Post
Read more…Tinker, tailor, soldier, property investor: UK takes aim at Russian owners of luxury homes