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      Healey moves to slash red tape and save firms £800m a year

      Chancellor Healey speaking at a podium before a crowd, with the HM Treasury sign visible on the brick building.

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Michel Barnier

  • French budget crisis show fiscal fears are rising back up the agenda

    Economics

    The mounting budget crisis in France looks set to revive the spectre of sovereign debt levels.

  • Markets: French bond yields rise amid political turmoil

    Markets

    "A French political problem is turning into a problem for financial markets," Kathleen Brooks, research director at XTB said.

    In 1962 president Charles De Gaulle expressed his frustration at the difficulties facing anyone governing France. "How can anyone govern a country with 246 varieties of cheese," he lamented.

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