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Emmanuel Macron invites top bankers to Paris in bid to move global financial hub | World | News


The invitation comes as banking executives call on British ministers to lift travel restrictions for fully inoculated workers so that foreign business trips can resume.

An investment banking source told The Telegraph: “We have to run a business and we do need people to go between London and New York.

“The French are opening their ­country for business.

“We don’t want to be an exception. We are not trying to be selfish, we are saying all business needs this.”

Finance executives have bemoaned the Government’s reluctance to lift quarantine free travel and warn that unless normal business travel is restored, London’s role as the financial global hub will be damaged.

Under current restrictions, passengers are required to quarantine for 10 days when travelling from amber list countries such as the US, France and Germany.

Top industry chiefs have stated that current restrictions make business trips impossible.

However in France, travellers from the US and other EU countries are exempt from quarantine or testing on arrival if they can prove they are fully vaccinated.

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The first summit in 2018, led to pledges of around €3.5bn in investment.

However, some reports have suggested traders are reluctant to make the move to the continent.

Stephane Rambosson, co-founder of Vici Advisory, an executive search firm based in London, told Bloomberg: “I’ve got cases of people moving to the Continent and they are really not happy.”



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