France is seeking to use Brexit to weaken the City of London, the British finance sector’s EU pointman warned in a leaked report published Sunday. The leaked report, published by the Mail on Sunday tabloid, was written as a summary to ministers of a trip made by Browne to France in early July. But “we should nevertheless have our eyes open that France sees Britain and the City of London as adversaries, not partners”. He says they are “seemingly happy to see outcomes detrimental to the City of London even if Paris is not the beneficiary”. Paris is competing with Dublin, Frankfurt and other centres for an expected shift in finance jobs out of London as a result of Brexit.

Source: Dhaka Tribune July 16, 2017 09:33 UTC