Retail Leaders Warn UK of Economic Risks Due to Tourist Tax Business 21 October 2024 The UK’s retail sector is voicing concern over the current ‘tourist tax’ policy, urging for its reconsideration. This contentious issue…
Fashion CEOs Advocate for Abolition of ‘Tourist Tax’ Retail 21 October 2024 Over 300 leaders in fashion and retail urge Chancellor Reeves to abolish the ‘tourist tax’.The UK stands as the sole…
Royal jeweller cuts prices by 20% to counter impact of tourist tax Business 25 September 2024 The luxury shopping landscape in the UK has undergone significant changes with the removal of VAT-free shopping for tourists in…
West End Retailers Face £220m Loss Due to Tourist Tax Retail 16 September 2024 The removal of tax-free shopping for tourists has led to significant financial losses for West End retailers, according to recent…
London Retailers Face £220 Million Loss Due to ‘Tourist Tax’ Impact Business 16 September 2024 London’s West End has seen a stark decline in sales, projected to reach a £220 million loss in unrealised revenue.…
£220m Sales Loss from Tourist Tax Impacting UK Retailers Retail 16 September 2024 Retailers in London’s West End faced a potential £220 million loss in sales due to the absence of tax-free shopping…
