Thank you, Mr Hood.
When President Hollande took office, with the enthusiasm and support of the Labour party in this country, I have no doubt that he wanted growth to increase in France. The fact that our economy is growing something like seven times faster than France’s is not because of a lack of desire on the part of the French Government, but because some policies work better than others. The Labour party’s policies would not result in higher growth—it is so anti-business that it would drive investment from this country, and its tax policies seek to punish wealth creators. I question Labour’s supply-side policies.