- A leaked memo says French bankers are plotting to ‘actively disrupt’ the City
- The London financial centre is worth £66 billion a year to the Treasury
- The City’s Brexit envoy says Macron has declared ‘open war’ on the Square Mile
- French representatives are now offering firms big money to move to Paris
France has boasted to City of London chiefs that it will use Brexit to sabotage the British economy, according to a bombshell leaked memo.
The memo, sent to Ministers, says the French government and banking chiefs are plotting to ‘actively disrupt and destroy’ the UK’s multi-billion-pound financial sector when Britain leaves the EU – even if France gains nothing.