Arnaud Montebourg makes leftwing pitch for French presidency

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The former government minister has outlined plans for a supertax on banks and a curb on executive pay in his bid to be socialist candidate.

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Arnaud Montebourg, the firebrand French former government minister, has outlined plans for a supertax on banks and a curb on executive pay as he formally unveiled his campaign to represent the Socialists in this year’s presidential election, reports the Financial Times.