The Grauniad, bless their little red socks, has an Absolute Cracker of an exclusive.
EU negotiator wants ‘special’ deal over access to City post-Brexit: – minutes of Michel Barnier’s meeting with senior MEPs reveal he wants 27 member states to have easy access to London’s financial institutions … Barnier wants a “special” relationship with the City of London after Britain has left the bloc, according to unpublished minutes seen by the Guardian that hint at unease about the costs of Brexit on continental Europe … The fear is that European governments and companies would find it harder and more expensive to raise capital if they were denied access to the City, which acts as Europe’s investment bank.
And so it goes on – you’ll want to read the whole lot. Good on yer, Guardian!
Now there’s a Frenchman who might actually understand the way of the world – as opposed to the lumpen euro-mass of morons who truly do not understand (particularly German morons - as we’ve written here many a time and oft). Frankfurt? Pff.
It’s interesting, because a priori you’d imagine the superior and irredeemably statist products of les Grandes Écoles would be not at all well placed intellectually to grasp the facts about finance and free markets and the like. But my experience has been that there are actually plenty of froggies who do, even if it is often admitted through clenched teeth.
By truly delightful coincidence, today was the day I was asked by the (French) friend-of-a-friend if Mrs D & I would act as honorary godparents to his daughter as she sets out on her career in … London. It’s the only place, she says.
An honour and a pleasure, Monsieur.