One of the world’s richest men is selling his £40million house in London’s “Billionaires’ Row” after Barratt Homes was granted permission to build flats next door. Daily Telegraph

Lakshmi Mittal led the opposition of his well-heeled neighbours when the house builder applied for permission to put up an apartment block in The Bishops Avenue, Hampstead. However, the plans were approved and now, even though the luxury flats are being marketed at between £4million and £11million each, Mittal has put his stately pile, Summer Palace, on the market.