16/10/2026
NUMBER TEN: THE BLACK POUND
Yesterday, while waiting for me at our King’s Cross office, Daniel Taylor took a walk around Number Ten, examining the photographs of properties Daniel Ford has helped clients acquire over the years.
Then came his observation: “The penny dropped about the Black Pound.”
Our conversation touched on the wider economic impact of property investment, including the over £80 million in Stamp Duty Land Tax generated through transactions Daniel Ford has facilitated.
But the impact goes far beyond the purchase price. Furniture, maintenance, utilities, service charges, council tax and employment all contribute to the wider economy.
Daniel understands this firsthand. Through MDC, his design-and-build fit-out business, he has worked on offices and churches, including our Number 68 office, the former Facebook office and Jamaica National Bank.
He recognised how property transactions help sustain businesses like his own.
My response?
“London is a museum. All we are doing is showcasing what we have done, because if you don’t, nobody remembers.”
The Black Pound is more than property ownership. It is investment, enterprise, employment and economic impact.
Sometimes, all it takes is a walk around Number Ten for the penny to drop.