The Wall Street Journal

Remote work tanking home prices in heart of London

Remote work tanking home prices in heart of London
The City of London is the financial heart of the United Kingdom. (Image: GJ Marshy, Wikipedia CC BY-SA 4.0)
The Wall Street Journal
By Ruth BloomfieldWhen he was running his own hedge fund, Peter Brewer’s working life was gruelling. He was usually at his desk by 6am, and worked up to 100 hours a week. Commuting long hours from his home, about 50km south of central London to the British capital’s historic financial district, felt like an unnecessary extra burden. So in 2014, Brewer, who was recently divorced and with a new partner, decided to buy a six-bedroom split-level penthouse apartment a six-minute walk from work.In 2014, the City, a compact and h...

More World

US tariff risk less than expected for FPH, Jarden says
Economy

US tariff risk less than expected for FPH, Jarden says

Jarden says tariff-related impacts on earnings would be "nominal" by 2030.

Wall Street reels as Trump’s plan sinks markets
Markets

Wall Street reels as Trump’s plan sinks markets

The president’s sweeping tariffs proved far more severe than investors predicted.

Trump’s tariffs: where things stand
Markets

Trump’s tariffs: where things stand

The basics of the US president’s far-reaching protectionist agenda.

X and xAI megdeal breaks Wall Street’s rulebook
Technology

X and xAI megdeal breaks Wall Street’s rulebook

The merger is still raising dealmakers' eyebrows.