Former Home Secretary Priti Patel urges Chancellor Jeremy Hunt to reintroduce VAT-free shopping for tourists to boost UK businesses and compete with European rivals amid a 10% drop in overseas visitor spending.
Former Home Secretary Priti Patel urges UK Chancellor Jeremy Hunt to scrap the "tourism tax" and reintroduce VAT-free shopping for tourists in the upcoming Budget. She believes this move would boost businesses, particularly in the retail, hospitality, and tourism sectors, and help them compete with European rivals. Patel's call comes after data from Visit Britain showed spending by overseas visitors was down 10% in Q3 2023 compared to Q3 2019.
March 03, 2024
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