NICOLAS SARKOZY ON THE ATTACK: FRENCH PM SAYS 'UK HAS NO INDUSTRY' AHEAD OF EU SUMMIT

President Sarkozy has said the UK has no industry
Monday January 30,2012
By Daily Express reporter
A SNEERING Nicolas Sarkozy last night attacked Britain for being a country with “no industry”.
The French president, hoping to be re-elected this spring, used the inflammatory words as he defended a VAT rise during a prime-time national TV broadcast.
Mr Sarkozy had just announced 1.6 per cent would be added to the tax, which is meant to boost France’s failing economy.
He argued that a similar move “helped to boost German competitiveness” and had not led to an increase in prices. But when a journalist pointed out that Britain had experienced such a rise after it lifted its VAT contributions, Mr Sarkozy replied: “The United Kingdom has no industry any more.”
Mr Sarkozy had just announced 1.6 per cent would be added to the tax, which is meant to boost France’s failing economy.
He argued that a similar move “helped to boost German competitiveness” and had not led to an increase in prices. But when a journalist pointed out that Britain had experienced such a rise after it lifted its VAT contributions, Mr Sarkozy replied: “The United Kingdom has no industry any more.”
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