Despatch: Labour is scaring the wealth away

Welcome to the new Despatch — your Monday briefing for a sharper, more optimistic week. London’s super-prime property market has long been the world’s barometer of confidence. When Britain welcomes success, investment flows freely; when it punishes ambition, the money quietly leaves. Now, even before the Chancellor unveils his Budget, the warning lights are flashing. Economist Damian Pudner explains why London’s property slowdown is a symptom of fading confidence — and sets out practical steps to bring capital, and optimism, back. Despatch comes from the team behind The Capitalist. Don’t miss our full podcast every Wednesday. Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information. Get full access to The CapX Briefing at briefing.capx.co/subscribe