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France has failed to persuade a single business or bank to move its headquarters from London to Paris, despite pouring in money to make the capital more attractive to investors. The shock news comes amid a fight between European capitals in the hope that Brexit will force finance out of London. Frankfurt, Amsterdam, Dublin and Paris have all made efforts to "take over" as the financial capital of Europe amid concerns that Brexit could unleash a business exodus.

GETTY; FRANCE24 France has failed to persuade a single business or bank to move its headquarters to Paris

GETTY Macron faces months of protests and strikes after he unveiled a liberalisation of labour law

Despite these ambitions, France24 reported today that Paris has yet to convince a single business to relocate its headquarters across the Channel to La Defense, the French Wall Street. According to the report, the French capital is struggling to get big foreign banks and business on board. Many of the businesses courted are concerned about the French capital's reputation for rigid labour laws. French President Emmanuel Macron faces months of unprecedented protests and strikes after he unveiled a liberalisation of worker protections. Others are worried about the lack of fluent English speakers - which contradicts Jean-Claude Juncker's infamous remarks that English was losing its importance.

GETTY France’s junior economy minister predicted that Paris will become a prominent financial centre

FRANCE24 Businesses are concerned about the lack of fluent English speakers in Paris

Others are worried about the lack of fluent English speakers - depsite Jean-Claude Juncker's infamous remarks that English was losing its importance