French PM Valls is pulling out all the stops to suck business from Britain

Not one to take advantage of another's weakness ;-)

  • France will become more attractive for companies following Brexit vote

  • We want Paris to become Europe's top financial centre

  • Government will set up a one-stop administration agency for foreign firms seeking to set up in France

  • Government will extend ex-pat tax relief to 8 years from 5

Funnily enough, earlier Scaheuble said that UK's Osborne's plan to cut corp taxes wouldn't mean Europe would join a race to the bottom on taxes. Obviously Valls isn't interested.

I'll repeat what I said to the other Mr V (Villeroy). Why have they waited for Brexit to try and make France more competitive? It smacks of desperation.

Meanwhile, at the moment you can't even get into France due to all the transport strikes.

Best in 2026

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