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The FTSE 100 index closed Monday down 0.5% to 7527 points dragged by Astrazeneca while miners and oil-exposed stocks limited the fall. Astrazeneca shares plummeted 8% on the back of disappointing. ....
The decision of the Westminster Government to end tax-free shopping is turning into a spectacular own goal for UK plc. As we continue our recovery post-pandemic and visitors return to Edinburgh in increasing numbers, we should be promoting our city and encouraging more tourism, not putting barriers in visitor’s way. We should be creating a more dynamic economy attractive to foreign visitors and investors and instead the Treasury has decided to scrap tax-free shopping for international tourists. ....