The Spectator

Battle for the City

For years, the French have resented the success of the City of London.

issue 05 December 2009

For years, the French have resented the success of the City of London. It has become the Rome of the globalised world, where the best financiers flock to do business, make money and pay tax. When Britain wisely stayed out of the eurozone, the City consolidated its lead as Europe’s only world-league financial centre.

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