Paris Advertising for British Financiers to Move

paiisfrogs

Paris is trying to lure British financiers to leave London for the City of Lights with this advert. Apart from the reality that London has fog about as often as Paris there are some other problems with financiers moving to the continent. Here is a list:

  • London has 41% of the foreign exchange market, Paris 3%. London trades more €uros than Paris, Frankfurt and Milan combined. The numbers for all other sectors of finance are similar. Bonds, equities and derivatives trading are centred on London. More funds are managed in London’s glitzy West End than Paris, never mind the Square Mile itself or Canary Wharf.
  • Charles De Gaulle airport will have you wishing for the joys of Heathrow.
  • The French bureaucracy is legendary, French labour laws explain why so many French entrepreneurs come to London to start-up.
  • Socialist France’s taxes explain why there are some 300,000 French men and women working in London.
  • Everything shuts early, for lunch, on Sunday, on Sartre’s birthday, whenever you need something urgently.
  • Property in Central Paris is nearly as expensive as Central London. Paris rents are the second highest in Europe.
  • Parisians are famously rude to foreigners, to the point of racist.
  • Paris smells of urine.

Paris is great for a romantic weekend, London’s real rival for the financial capital of the world is New York…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Boris on being scolded at the Munich Security Conference on Friday, for using the term “liberation” to describe Britain’s exit from the EU bloc…

“Come on, I have to say, I hesitate to accuse you of pomposity, but the word liberation clearly means… it’s etymologically equivalent to being freed, and it’s an undeniable fact that we, the U.K., has been unable to do, to run its own trade policy for 44 years. I want to reclaim the English language, if I may…”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Amazing Robot Warehouses Amazing Robot Warehouses
Sunday Shows Sunday Shows
No 10 Mulls Migrant Cut Off Date No 10 Mulls Migrant Cut Off Date
Bring on the Robots Bring on the Robots
BBC Sources Revealed BBC Sources Revealed
Named: 33 MPs Voted for Second Referendum Named: 33 MPs Voted for Second Referendum
Gallery Guido’s PMQs Sketch Gallery Guido’s PMQs Sketch
FOXY “SPANK ME” FOXY “SPANK ME”
Cameron: “I’ll Be Back” Cameron: “I’ll Be Back”
Standard Editor Runners & Riders Standard Editor Runners & Riders
Gove: Where Were You? Gove: Where Were You?
Article 50 Debate: Live Spreadsheet of MPs Voting Against Article 50 Debate: Live Spreadsheet of MPs Voting Against
May’s Speech to Republicans Full Text May’s Speech to Republicans Full Text
Article 50: Tulip Siddiq Resigns Article 50: Tulip Siddiq Resigns
Article 50: Clive Lewis Bottles It Article 50: Clive Lewis Bottles It
UK Economy Defying Predictions Again UK Economy Defying Predictions Again
FULL-LENGTH TRUMP INAUGURATION SPEECH FULL-LENGTH TRUMP INAUGURATION SPEECH
UKIP Announce Nuttall for Stoke UKIP Announce Nuttall for Stoke
Article 50 Splits Shadow Cabinet Article 50 Splits Shadow Cabinet