As part of Sadiq Khan’s London mayoral bid, the Labour candidate has rallied against foreign investors buying up London property. In December, Khan told the Evening Standard that it was time to stop new homes going to ‘overseas investors’ instead of Londoners:
‘Ambitious young Londoners are rightly fed up with seeing thousands of new homes each year sold off to overseas investors – many of whom will never live in them – years before they are actually built. They’re sick of not being given a chance in our broken housing market. Building new homes for Londoners must come ahead of offering investment opportunities for overseas millionaires.’
So given Khan’s call for action, Mr S was surprised to learn of some of the dealings of Khan’s business adviser Rajesh Agrawal. Agrawal is the co-founder and CEO of the foreign exchange company RationalFX.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in