Many visitors coming to the UK for the Eurovision Song Contest in Liverpool or the King s Coronation next month will be reluctant to splurge because of the tax, retail bosses have warned.
A hundred of Britain s biggest business leaders in retail, hospitality and tourism have united to tell Chancellor Jeremy Hunt to bring back tax-free shopping for overseas tourists.
Prime Minister Rishi Sunak was confronted by business leaders at a Business Connect event in London, who accused him of a spectacular own goal for introducing the much-hated levy.
Oxford Street is on the cusp of something "really special" and "exciting", the chief of the New West End company has said, as store development and a Dee Corsi, who oversees operations for the retail strip, which spans from Marble Arch to Tottenham Court, told City A.M that the West-End is “changing,” and the stores which were not wiped out during the pandemic are investing to create unique experiences to entice customers back to the high street.