France has taken control of the EU's key internal market and financial services job after a last-minute lobbying offensive from Nicolas Sarkozy in what will be seen as a huge blow for Britain's Europe policy.
Michel Barnier, the French former foreign minister, was handed the full portfolio this morning despite intense British efforts to strip out financial services and give it to an economic liberal because of fears in the City of a new bout of regulation.
Seed Newsvine
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