‘Tis the season: Festive spending to boost London’s West End Retail Festive spending in London's West End is expected to reach £1.7bn, with international tourists set to push sales up by 3.2 per cent in the run up to Christmas.
The tourist tax is so last week. Scrap it to boost the UK fashion industry Opinion Visitor numbers to London are rising, yet the tourist tax continues to quash the benefits, writes New West End chief executive Dee Corsi.
West End: Tourist tax ‘disadvantage’ costs retailers hundreds of millions Business Retail business in London missed out on a projected £220m in the first half of 2024 due to the ongoing effect of the so-called tourist tax, despite continued growth in international visitor numbers. The number of international visitors to London was three per cent above pre-pandemic levels, but spending in the West End fell nearly [...]
Oxford Street retailers call for ‘comprehensive’ reform to business rates June 10, 2024 A business group that represents dozens of major retailers on London’s Oxford Street has called for a “comprehensive” reform to business rates to boost Britain's high streets.