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London estate agents have begun to offer free cars worth £18,000, stamp duty subsidies of £150,000, plus free iPads and Sonos sound systems to kickstart sales in the capital’s increasingly moribund property market. The once super-hot central London market has turned into a “burnt-out core” according to buying agents Garrington Property Finders, prompting developers to offer ever greater incentives to lure buyers. – Guardian.
London stocks were set for a firmer open on Thursday as investors looked to a raft of economic and corporate releases and digested the latest rate decision from the Federal Reserve.