Californinan, Michael Banks, is rescued from the cliff face of Morro Rock after his plans for a daring marriage proposal resulted in him getting stuck 90 feet above the ground. But at least she said “yes”! (Photo: Associated Press)

The leaking of the already infamous "Panama Papers" has revealed secret London property empires and sparked concerns this week over a witch-hunt of the property industry after the documents showed that billions of pounds of offshore money has been funnelled into the UK property market, and London in particular.  For the time-being, however, the full glare of the media spotlight is still focused on David Cameron who has (in gradual stages) admitted that he owned shares in an offshore fund set up by his late father.  There must be weeks when the Prime Minister simply wants to run away and hide; as I am sure golfer and four-time major winner Ernie Els also felt on Thursday when he shot a horror-show, quintuple bogey nine on the first hole at Augusta.  No such jitters so far for Jordan Speith who is the odds-on favourite to claim the coveted green jacket for the second year in a row later this evening.

Whilst the uncertainties surrounding the future of the British steel industry have dominated the headlines over the last two weeks, the oil price collapse is continuing to take its toll on the North Sea oil and gas sector leaving the Aberdeen property market, in particular, in the grip of a downturn.  A Property Week article revealed this week that there is now an unprecedented 1.83 million sq. ft. of office space available in the city, with take up falling 61% last year, and existing tenants under-utilizing their office space as headcounts reduce.  Aberdeen has always been exposed to the cyclical nature of the oil business, but whilst some investors are writing Aberdeen off, others see opportunity.  As production reduces, the oil rig decommissioning sector may be about to boom and this complex process will potentially provide decades worth of work to engineers, environmental scientists and a raft of other specialists.  And that is only if oil prices fail to bounce back.  Surely it is too pessimistic to right off the industry (and the Aberdeen market) just yet. 

A Channel 5 study this week revealed the 10 most annoying habits on the London Underground that are certain to wind up fellow travellers.  The bad etiquette list includes passengers carrying huge rucksacks on their back during rush hour, "man-spreading" across seats, and people standing on the left of the escalators rather than right- all frustrating habits that regular commuters will have no trouble identifying with.  The editorial team at The Weekly suspects that this list may need to be revised when the long awaited Night Tube service is launched later this year.   We are speculating, but additions to the list may need to include "inebriated passengers falling asleep on their neighbour's shoulder" and "over-amorous couples indulging in late night displays of affection on the Northern line".  We'll be sure to keep you updated!

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