Westfield exec makes fresh calls to scrap tourist tax ahead of Autumn Statement November 21, 2023 The chief operating officer of Westfield Group, has said reinstating the tourist tax would have a “ripple effect” on London’s economy.
Scrap tourist tax before it’s too late, Fortnum & Mason boss warns November 20, 2023 The UK will lose retail sales to France if the government fails to scrap the tourist tax in the autumn statement, the boss of Fortnum & Mason has warned.
London’s economy is a microcosm for our success but we’re ignoring ways to help it November 17, 2023 London’s West End is a microcosm of much of the wider economy: it has small independent businesses in sectors such as food, big high street chains in its bars and retail.
Burberry shares plunge as it blames tourist tax for luxury slowdown November 16, 2023 Burberry hit out at the government's decision to scrap the tourist tax and revealed a six per cent loss year-on-year in profit.
Five common sense things for the ‘common sense’ minister November 14, 2023 As Esther McVey assumes the role of 'minister for common sense', we look at five pressing issues for her in-tray.
Jeremy Hunt: Inflation is ‘single greatest barrier to growth’ as UK economy flatlines November 10, 2023 Chancellor Hunt is due to give his Autumn statement on 22 November, with business groups saying he should take action to reduce inactivity in the workforce.
UK economy avoids recession edge as GDP shows no growth November 10, 2023 The ONS said services fell by -0.1% per cent, construction grew by 0.1 per cent and production was flat at 0.0 per cent, as the UK economy appeared to remain stagnant.
Why are some of London’s wealthiest business owners protesting? November 1, 2023 Some of London’s most high profile retailers and business owners took to the streets of luxury shopping district Savile Row this morning.
I’d never normally protest, but Sunak is bleeding the tourist economy dry November 1, 2023 Sir Rocco Forte and a host of other business leaders are protesting over the tourist tax today. He explains why.
West End makes fresh calls for end to tourist tax ahead of ‘make or break’ festive period October 31, 2023 New West End Company forecasts up to £1.64bn in spending this festive season — but it may be up to international shoppers to take the wheel.