Flippin’ amazing

Here is the scientific formula for calculating London’s top property prices: think of a figure, double it, add a few noughts, and voila! — or should I say nazdarovie, of whatever it is that oligarchs say when toasting a deal.

Ordinary mortals nowadays are worried sick about their mortgage repayments, set to rocket when their short-term fixes come to an end and real-interest rates kick in.