Sir Rocco Forte leads 300 business leaders in call to scrap ‘spectacular own goal’ tourist tax Business Over 300 business leaders have signed a letter asking Chancellor Rachel Reeves to reinstate tax-free shopping in the UK, calling the so-called tourist tax a “spectacular own goal” for retail. The signatories, which include hotelier Sir Rocco Forte, Paul Smith, Heathrow, John Lewis and Shakespeare’s Globe, have said that if Reeves is serious about promoting [...]
Kurt Geiger boss joins list of retailers slamming the end of tax-free shopping Kurt Geiger’s boss has said the UK is shooting itself in the foot by not bringing back tax-free shopping for international visitors. Kurt Geiger’s chief executive, Neil Clifford, told The Times that the end of VAT-free shopping has had a “massively negative effect” on Britain”. “International tourists, whether it be Middle Eastern or American travellers, [...]