City Road Podcast

Who owns London? In recent decades, London has fallen into the hands of the super-rich. It is today the essential “World City” for High-Net-Worth Individuals and Ultra-High-Net-Worth Individuals. Compared to New York or Tokyo, the two cities that bear the closest comparison, it has the largest number of wealthy people per head of population. Taken as a whole, London is the epicentre of the world’s finance markets, an elite cultural hub, and a place to hide one’s wealth. "It's about how money has power, and how money has converted and perverted the mission statement of the city, which is to be a place for all citizens..." Rowland Atkinson We're talking to Rowland Atkinson about his new book, Alpha City: How London Was Captured by the Super-Rich, which is published by Verso. Rowland presents a history of the property boom economy, going back to the end of Empire. It tells the story of eager developers, sovereign wealth and grasping politicians, all paving the way for the wealthy colonisation of the cityscape