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French investment in Britain isn't new: France is already the third largest foreign investor there, and at least 1,200 French companies are operating on British soil. What is new is the willingness of a current group of French entrepreneurs to cut their operating costs by completely transplanting their operations. The statistics are impressive. The top personal tax rate in France is 57%; in Britain, it is 40%. Corporate taxes for small - businesses in Britain are 12 percentage points lower than taxes imposed by Paris. Social charges are at least 20% lower — at all salary levels.