Saturday 23 February 2019

Macron has hit list to lure UK industry

French President Emmanuel Macron. Photo: REUTERS/Benoit Tessier
French President Emmanuel Macron. Photo: REUTERS/Benoit Tessier

Ania Nussbaum

FRENCH President Emmanuel Macron is stepping up his effort to court companies in the UK, arguing that a move to France will shield industrial firms from potential tariffs after Brexit, according to a French official.

The French government has identified as many as 50 companies in the industrial sector - including car makers and pharmaceutical firms - that it will try to entice to relocate, according to the official. The companies are being promised a more stable tax environment and a friendlier tariff regime after the UK leaves the EU. Some of the companies targeted were at Monday's "Choose France" summit in Versailles.

Bloomberg

Irish Independent

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