West End retailers lost millions in unrealised sales this year
Retailers in London’s West End have already lost millions in unrealised sales this year because of the loss of tax-free shopping for tourists, according to new research.
“Reinstating the policy would make us desirable, once again, to international shoppers who have pivoted to the continent, while simultaneously giving us access to a net new market of 450 million EU residents who could shop in the UK tax-free for the first time,” the report said.
Already have an account? Sign in here