Press freedom has great virtues. It is not about irresponsible scandal-mongering, although that may be part of the picture. It is a means of revealing wrongdoing.

It is easy to defend the right of people to do things that fit in with the cultural norms of the majority. This includes practices that give personal pleasure but may be harmful, such as smoking or drinking. It is harder to argue for minority activities, especially those which stand out and may be obviously unsuitable in certain contexts.

Overseas investors have a choice. They can buy property, equities, bonds, or a host of other assets either in the United Kingdom or abroad. Each decision will be taken depending on the available net return, that is, the profit after tax.

Supermarkets have contributed as much to increasing the standard of living in the United Kingdom as almost any government policy. They bring a level of convenience and quality that was unknown to previous generations at a highly competitive price because of their buying power.

London's central role in the financial market would be undermined if wealthy foreigners did not want to come here.