French bankers lured by Cameron's 'red carpet'


A new 75 percent tax rate on top earners has French groups looking for shelter in London, already home to some 30,000 French financial professionals.

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The City of London financial district, though diminished by scandals and job cuts, is proving irresistible to fed-up Parisian bankers fleeing France's rising taxes and the feeling that they're not best loved at home, reports Reuters.