France has added some more rocket fuel to Monday\’s already volatile summit of EU leaders by pledging to introduce a 0.1pc tax on financial transactions in August.
Oh to be a property agent in London these days. Brush up on the French lessons and wait for the stampede of Frogs into London to escape the tax.
Whatever financial markets are still in France won\’t be by Sept 1 (for of course the French won\’t do anything at all in the holiday month of August).
It is of course economic stupidity even if politically astute: but then that\’s Sarkozy all over, isn\’t it?