French ‘too patriotic’ to decamp to Britain

Michel Sapin, the labour minister, also suggested that Prime Minister was not
in full command of his senses when he made the comments.

“I don’t know how one can roll out the red out the red carpet over the
Channel,’ he said. ‘It risks getting wet. I think this was a comment that
escaped him.” In a tweet, François Rebsamen, the Socialist leader of
the Senate, said: “Red card for perfidious Cameron’s red carpet. We
thought the British were known for their subtle sense of humour.”
Pierre Laurent, head of the French Communist Party, went even further,
saying it was “sad to see Britain entertaining the ambition of being
Europe’s tax haven”.

The row followed Mr Cameron’s undiplomatic reaction at the G20 meetings in Los
Cabos, Mexico, to a question on Mr Hollande’s economic programme.

“If the French go ahead with a 75 per cent top rate of tax we will roll
out the red carpet and welcome more French businesses to Britain, and they
can pay tax in Britain and pay for our health service and schools and
everything else.” Top French TV channel TF1’s website described the
comments as a “bomb” that had unleashed a debate in France over
competitiveness.

Mr Hollande has promised to make 29 billion euros of tax hikes, but economists
say he will have to make deeper structural reforms to meet debt reduction
targets given falling growth.

Laurence Parisot, the chairwoman of the Medef, the French employers’
federation, denounced the “direct style of the English and of David
Cameron in particular”. But she went onto to imply he had a point by
saying: “I don’t want French businesses to walk on this red carpet.

There is no way that the entrepreneurial spirit should be monopolised by our
British friends.” The row comes as Mr Hollande faces a clash with
Angela Merkel, the German chancellor, over his drive to add “growth”
to austerity in Europe.

Mr Cameron’s comments drew a more enthusiastic response from French business
leaders and the Right.

Employers’ group Ethic said Mr Cameron had “stuck the knife into a
reality the French refuse to see.” “Countries are also in
competition, notably fiscally, even inside the European Union,” said
Ethic head Sophie de Menthon.

“(Mr Hollande’s) fiscal bashing announcements of recent days (are
becoming) a real repellent to doing business in France,” she warned.

Right-wing politicians agreed.

Thierry Mariani, a transport minister in former President Nicolas Sarkozy’s
government, said: “The 35-hour working week was good news for Germany.
The fiscal shock the French are about to endure will be good news for the
British.” Alain Juppé, Mr Sarkozy’s former foreign minister said he was “very
worried”.

“In the space of the month France has managed to isolate itself. We are
receiving not only British lessons but warnings from virtually all the major
powers.”

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes