France sees Brexit as a tool to weaken Lon­don

Kuwait Times - - BUSINESS -

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 yes­ter­day. “They are crys­tal clear about their un­der­ly­ing ob­jec­tive: the weak­en­ing of Bri­tain, the on­go­ing degra­da­tion of the City of Lon­don,” Jeremy Browne, a for­mer gov­ern­ment min­is­ter who is now the City’s Brexit en­voy, said in a memo. 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. “The meet­ing with the French Cen­tral Bank was the worst I have had any­where in the EU. They are in fa­vor of the hard­est Brexit. They want dis­rup­tion,” he said.

BRUS­SELS: EU Brexit ne­go­tia­tor Michel Barnier (R) and First Min­is­ter of Wales Car­wyn Jones (L) pre­pare to shake hands dur­ing their meet­ing. — AFP

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