France 'wants to disrupt and degrade' City of London
France 'wants to disrupt and degrade' City of London
Theresa May's Cabinet. WPA Pool Getty
17 Julio, 2017, 14:38
He said: "...seasoned observers would be quick to say you have to understand the French: "they are upset about Brexit, they are very steely negotiators... these are just the opening shots in a long negotiating process etc.
"They are crystal clear about their underlying objective: the weakening of Britain, the ongoing degradation of the City of London".
France hopes that Brexit will weaken Britain and London's role as a financial centre, according to the City of London's envoy to the EU.
"The meeting with the French Central Bank was the worst I have had anywhere in the EU".
In a memorandum leaked to The Mail On Sunday, he said his talks in Paris have been "the worst I have had anywhere in the EU", with the French open about their desire to see the United Kingdom weakened.
He also told ministers that the United Kingdom should "have our eyes open that France sees Britain and the City of London as adversaries, not partners".
Mr Browne said the mood in France was "more giddy and more assertive" since Emmanuel Macron was elected president in May and that "French representatives [were] now crashing conspicuously around London, making heroic relocation promises".
The Mail on Sunday headlined the story "Macron's Brexit Saboteurs".
He says they are "seemingly happy to see outcomes detrimental to the City of London even if Paris is not the beneficiary".
Since the Brexit vote, Paris's financial hub has been the most vocal in lobbying banks and other financial services firms to move business from London to the city, with lobby group Paris Europlace frequently sending delegations to London and hosting events in the city.
French Prime Minister Edouard Philippe earlier this month laid out a raft of measures aimed at boosting Paris's attractiveness, including eliminating the top income tax bracket.
Mr. Browne, who was a Liberal Democrat minister in the coalition under David Cameron and Nick Clegg, said hostility to the United Kingdom is not confined to a few officials but represents a "whole-of -France collective endeavor".
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He was appointed special representative to the European Union by the City of London Corporation, which represents the financial sector, in September 2015.
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