Tourist Tax Affects Retailers: £220m Loss in H1, NWEC Reports
West End retailers lost £220 million due to the loss of tax-free shopping in the first half of 2024,...
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West End retailers lost £220 million due to the loss of tax-free shopping in the first half of 2024,...
In a shocking revelation, new research shows that London's West End retailers have lost £220 million in potential sales...
**Lead:** Retail bosses express doubts about the return of tax-free shopping for international visitors, with Harrods' managing director, Michael...
Lead: Mulberry faces a tough year as full-year sales drop amidst challenging economic conditions and a decline in luxury...
Lead: The chief executive of New West End Company criticizes the government for not ending the tourist tax, calling...
**Lead:** Chancellor Jeremy Hunt slashes National Insurance by 2p, saving workers £450 a year, in a bid for long-term...
**Lead:** Chancellor Jeremy Hunt has initiated a review of a controversial scheme following pressure from business leaders, sparking speculation...
Chancellor Jeremy Hunt is considering reinstating VAT-free shopping for tourists, aiming to revive Britain's retail and leisure sectors. The...
Van hire firm Redde Northgate has reportedly approached Halfords with a £1.3bn merger deal, but Halfords deemed it undervaluing...
Fortnum and Mason CEO Tom Athron urges the government to scrap the tourist tax or risk losing sales revenue...