Thursday, 1 June 2017

Thursday, 1 June 2017

A new president and another election


So we have a new French President, in the youthful figure of Emmanuel Macron, who also speaks excellent English. He has a previous career that includes a spell as a philosophy student, an investment banker, and a minister of economy. He is seen as the last great French hope for a European future based on a common market and a common morality, a single currency and a singular commitment to the continent’s core values.

Meanwhile in the UK, Labour continue to narrow the gap on the Conservatives with one recent YouGov poll putting them within five points of Theresa May's party. This has impacted upon the £, making French houses more expensive for UK buyers, as the currency markets hate uncertainty. As I prepare this newsletter the FTSE 100 closes at record high and the pound has hit a two-month low against the Euro. Not long now to wait for the final outcome, and then hopefully, a rest from elections!

We have started a series of articles that will be featured in our Library pages (see https://www.allez-francais.com/library). We work with leading International companies to provide the best advice to our clients, and if you would like more information please contact me by e-mail sales@allez-francais.com and I can put you in contact with the most relevant expert. I can also share with you the rest of the series of articles before they are actually published. For UK buyers who are particularly worried about the consequences of Brexit we have a great feature here https://www.allez-francais.com/library/buyers/e-u-position-post-brexit

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