The Secretive French Agency Blindsiding Global Investors bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
"Choose France,” President Emmanuel Macron tells the investors he gathers each year to the Palace of Versailles. So last year Flowserve Corp. was surprised to find its investment plans blocked by the French state itself. The Texas-based company, which makes parts for industrial machinery, was trying to buy a Canadian group…
Many will greet the news that Rishi Sunak has committed to tax cuts in the Spring Budget with a degree of cynicism. Having presided over record taxation, with the burden set to reach a post-War high, it will be difficult for the Government to persuade the public of its intention to let people keep more of what they earn. The 2p reduction in employee National Insurance Contributions announced in the Autumn Statement was undermined by the continued squeeze on taxpayers from fiscal drag.