Financial Times: Wealthy French people are looking to London as a refuge from fresh taxes on high earners pledged by candidates in the country’s presidential elections. The “soak the rich” rhetoric that has punctuated the presidential campaign has prompted a sharp rise in the numbers weighing a move across the Channel, according to London-based wealth managers, lawyers and property agents specialising in French clients. Mr Blanc says some French clients were even contemplating acquiring British or other nationality in order to safeguard assets from fears that France could move to collect more tax from citizens overseas.—U.K. a Haven for Europe’s Unemployed: Notwithstanding its own economic problems, the U.K. is a beacon for the euro zone’s mass of unemployed youth. This presents both an opportunity and an enormous risk for British policymakers. Richard Lambert, the former director-general of the Confederation of British Industry, highlighted the basic point in a recent Financial Times editorial: in the three months to December, the number of Britons in work fell by 166,000 while during the same period the number of non-U.K. nationals finding work rose by… (drum roll)… exactly 166,000. According to Eurostat data, in 2009 there were a third more immigrants into the U.K. from the rest of Europe than there were into Germany, even though Germany’s population is more than a third larger than the U.K.’s. And this makes sense. People are much more likely to learn English as a second language than they are to learn German. And they’re likely to come to London to perfect it. That London is Europe’s most heterogeneous and varied city, and its largest, adds to its appeal.