Wednesday, January 9, 2013

Most likely…

Are high French taxes a positive for London?

A flood of French investment is coming into London as new president Francois Hollande's taxes begin to bite... It's the reverse of that classic: "all the bankers will leave London if hit with high taxes" line.

Posted by phil @ 04:56 PM (969 views)
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3 thoughts on “Most likely…

  • doubt it with 13% tax in russia no wonder they are lining up for russian passports

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  • mark wadsworth says:

    Well, there’ll be more rich Frenchies in the UK spending their money (good) and driving up house prices (bad). Make up your own mind whether this is good or bad on balance.

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  • Hardly a flood – how could it be if they are talking about “high net worth individuals”. The only relevant figure quoted is that three expensive properties were sold in the last 2 months. Pure puffery.

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