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Rishi Sunak’s tourist VAT tax will kill jobs and hold back economy’s recovery from coronavirus says Evening Standard.
Shaun Bailey says there is a real risk that ending duty-free shopping will cost us more than it saves.
Survey finds 93% of international travellers would be less likely to shop in the UK if they could no longer claim back VAT on their purchases.
Luxury boutiques in tourist hot spots could be hit as customers from Asia and the Middle East lose the ability to instantly claim back VAT from January next year.
Global Blue finds Elite shoppers spend €35,000 per year in the UK, with watches and jewellery by far the biggest category.
GCC economies may be in the doldrums, but Global Blue finds citizens flocking to the UK to spend.
Western European markets perform particularly strongly thanks to the quality and quantity of top end boutiques.
Global Blue has extended its in-store Fast Refund service to Chinese Alipay account holders. From now on, Chinese Alipay account holders will be able to...
The UK is still Europe's fastest growing market for tourist spending on luxury goods according to the latest Global Blue European Tax Free Shopping (TFS)...