Luxury goods sector

Category: Luxury goods sector

Burberry bosses urge Rachel Reeves to reinstate tax-free shopping for tourists

British luxury brand urges chancellor to pursue ‘progressive policies’ in budget to increase spending sprees by foreignersBosses at Burberry have urged Rachel Reeves to reinstate a tax-free shopping scheme for tourists in her...

Tax-free shopping for tourists in UK may return as government eyes rethink

by The Guardian | Feb 4, 2024 | Business, Economic policy, Economics, Heathrow Airports Authority, Luxury goods sector, Politics, Retail industry, Rishi Sunak, Tax and spending, The Guardian, Travel & leisure, UK news | 0 |

Government spending watchdog asked to review ‘costs and benefits’ of then chancellor Rishi Sunak’s 2020 ‘own goal’ decisionThe Treasury’s independent forecaster is to review the axing of tax-free shopping for tourists, raising...