A "significant housing bubble" in London is a cause for concern, a British bank boss has warned.
In a wide-ranging interview with ITV News' Business Editor Joel Hills, Aldermore CEO Phillip Monks adds, however, that there's not a lot that can be done about spiralling prices in the capital.
"You can go to the ports and close the borders but I don't think that's going to help," he said.
"I don't think it is possible to dampen housing demand in London without wrecking the rest of the UK housing market."
More top news
The Ministry of Defence has announced that the first British reservists have set off for Sierra Leone to help tackle the Ebola outbreak.
Wintry sunshine for most of the country today but some showers expected in the northwest.
A cyclist has cheated death after being hit by 4-wheel truck when he rolled down under it in East China's Zhejiang Province.