While the US and UK are sabotaging themselves, Macron is wooing the UK investment banks and top American scientists. France isn't wasting any time capitalising on our follies. En matches indeed.
5
The folly of Brexit is still not as catastrophic for Britain as was the election of Trump for the US.
7
So glad that the globalist corporate elites have a nice place to move after they are done gentrifying London.
I was worried for them for a minute!
4
If we are talking about France, folks are better to stay in London.
1
Frankfurt has the inside track as a financial center. It just makes much more sense. Although Dublin has the advantage of being an English-speaking city.
2
I think a lot of people would like to see if France could pull off a somewhat kinder but still innovative capitalism than is currently raging in the US and UK, where companies can form and develop without pointless regulation, but at the same time preserving laws and values that don't encourage the destabilizing and widening wealth gaps that we see elsewhere.
Then again, there is that issue of English literacy...
7
Where do these guys get their info from?! I was born and raised in France, my father was an entrepreneur/business man, I never experienced any of the negativity mentioned in this article, quite the opposite in fact. The author might want to broaden their anglosaxon blinkers and the spectrum of the commentators: having lived outside of France for over 20 years I am familiar with the kind of "expat" that someone such as Ms Granville represents who takes the systematic negative stance against their country of origin. It is a very systematic trait of the anglosaxon pot to call the kettle black. I am not struck by the simplicity of the American administration for example and anyone who has filled in a tax return in France and in the US will know what I mean! And let's not talk about trying to buy a house, etc... I would swap the French administration for the US one any day!
2
I lived in Paris during the '70s for close to a year. I visited London for a few weeks. I loved the Parisian aesthetic, which is what originally drew me there. However, London was more fun - a real party town.
1
Why would anyone move anywhere? London was one of the centers of world finance before the UK joined the EU, it will still be after the UK leaves. The people who think they'll get some kind of leg up by moving additional operations to Frankfurt or Paris are fools. Paris and Frankfurt will never, ever be at London's level. Nowhere in Europe ever could be.
4
You're ignoring the issue of passporting rights. If the U.K. leaves the single market they will need another EU base for certain transactions.
I do agree that London will remain a powerhouse in the near term but in the long term, I'm not so sure.
3
You can not have your cake and it ! Although you seems to think so !
2
Don't do it, France. Stand your ground. Trust us when we tell you that you'll be sorry you shed your defiant protection of the labor force in exchange for the soulless, rapacious, ruinous type of unfettered capitalism that is bringing America to its knees even as I write this. Don't do it!!
13
But that's what Macron is about. He's like the 'new' Democrats. & those who voted for him knew he was no socialist.
1
It is unbelievable that Britain is moving toward Brexit. It was voted in by a bunch of uneducated yo-yos that were lied to. This is the Putin influence all over again. Make Britain weak and stupid. And yet they go forward with it as if it is the legitimate thing to do. Going to cost them billions, and brain drain, all for a bunch of country bumpkins who are lied two in the first place. Like a bunch of sheep being driven off the cliff by a couple of barking dogs,how dumb.
At first other Europeans were concerned, now they just laugh.
11
"When someone gets rich in France, people immediately ask, ‘What did he do to make this money? He must be a nasty person." Yes, the French are quite aware and intelligent! The French are not naive like Americans. They've been around the block more than once.
13
Its the victory of finance capital. Gone are the days of huge industrial concerns that control the politics of a nation. The a plutocracy has taken has grabbed an exorbitant hold of the USs politics. Money and free speech are considered equivalent in the US. Trump's presidency and Republicans in Congress have moved to turn out huge federal deficits so that they can gut the social safety net. Macron has discovered that a new day has arrived in France where most capital is concentrated in the hands of fiancé capital entities. This equates with political power. Companies with small capital assets are vastly bigger than former industrial behemoths. Unions cannot protect people from this type of economic structure. The US gov't is transferring vast amounts of money away from the public to private hands. Taxation is the one way to control this menacing situation.
4
If Goldman Sachs is praising what is going on in Paris in regards to business, it can only mean something bad for the French people.
11
Cities, now countries, are kowtowing to the "masters of the universe" who've mapped out the globe and all its riches for themselves. It's sad to see France with its professed love of "liberte!" deregulating like mad.
9
What a smart move by France, trying to fill a vacuum left by Britain in it's foolish, if not stupid, attempt to isolate itself from the richness a healthy immigrant population had to give. Decadence usually follows better times, when complacency is allowed to sit at the table.
5