Paris | France’s corporate leaders are preparing to say au revoir to a decade-long business-friendly climate after President Emmanuel Macron’s snap legislative elections resulted in a hung parliament.

Many executives breathed a sigh of relief on Sunday (Monday AEST) after seeing the far-right party neutralised in a new National Assembly in which no political grouping has a clear majority. But the feeling was quickly replaced by unease that the victory of the left, which has radical tax-and-spend plans, or political gridlock would derail market-oriented reforms made under Mr Macron.

Financial Times