IF the building and home improvement sector provides an insight into the health of an economy, figures from two leading business paint a sombre picture. Wolseley, the FTSE 100 plumbing and building suppliers firm, has said that the French market is finding things tough. Like-for-like revenue in France fell by... Read more →
« October 2013 | Main | December 2013 »
Car boss renounces €21m pension pot after outcry
FOLLOWING an outcry by unions, and questions from politicians, Philippe Varin the CEO of car firm PSA Peugeot Citroen has said he would renounce his pension plan. Philippe Varin, whilst not about to retire, has a €21 million pension pot put to one side that would ensure payment of €310,000... Read more →
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Elderly suicides in France stir euthanasia debate
Two couples in their 80s have committed suicide in Paris, reigniting a debate in France on euthanasia which is still illegal in the country. Read more →
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Unions accept voluntary redundancies at Air France
THREE unions representing staff at Air France have agreed to support voluntary redundancies at the airline that will see 1,826 job cuts. The job losses will take place amongst ground staff with employees voting to accept the plan after improvements were made in the compensation paid, meaning those leaving will... Read more →
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Parisian umbrellas fit for a prince, and others
Easily broken and frequently lost, the humble umbrella is not usually seen as a luxury item. Read more →
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Call for calm as France hit by cancer vaccine scare
One of France's top medical experts appealed for calm Monday as a scare over a widely-administered vaccine to prevent cervical cancer gathered momentum. Read more →
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Report backs French health system, although some areas need to improve
THE French health system is still one of the best in comparison to others, but work has to be continued to improve efficiencies and preventative care. These are the findings of the Paris-based Organisation for Economic Co-operation and Development (OECD) in its report, Health at a Glance 2013, which is... Read more →
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Unspeakable horrors in a country on the verge of genocide
A massacre of the innocents is taking place in the heart of Africa as the world looks the other way. One man describes how his four-year-old son's throat was slit, and how he saw a snake swallowing a baby. A woman explains that she is caring for a young girl... Read more →
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Courier firm Mory Ducros files for bankruptcy, puts 5,000 jobs at risk
MORE bad news for the French economy, as courier firm Mory Ducros has filed for bankruptcy, putting 5,000 jobs at risk. The second biggest courier firm in France, it has had financial problems and lost about 80 million euros in the last 16 months. The loss-making company was formed a... Read more →
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CGT set to be charged on British property sold by overseas nationals and expats
IT looks increasingly likely that the UK Chancellor, George Osborne, will decide that capital gains tax (CGT) should be charged on British property sold by overseas nationals and expats. In his autumn statement, on 5 December, the chancellor is expected to impose CGT on sales by wealthy foreign nationals, but... Read more →
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