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World Business: Bargain Britain 20/11/09

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Uploaded by on Nov 24, 2009

World Business: When recession struck, the UKs famously buoyant property market took a rapid dive. But it hasnt all been bad news. Today wealthy investors from the Middle East and Asia are rushing to London to buy up trophy commercial buildings. With asking prices and the value of sterling down, there are some good deals to be had for those seeking a secure home for their billions in bricks and mortar. But its also a useful vote of confidence for a capital city determined to keep its place as a world-class financial centre.

Reporter: Colleen Baldwin

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News & Politics

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