34,000 non-EU tourists shifted tax-free shopping from UK to EU countries, particularly France and Italy, post-Brexit.
Post-Brexit, the UK's decision to end tax-free shopping incentives has led to a shift in spending, with tourists who would have shopped in Britain now visiting stores in Paris, Milan, and Madrid. 34,000 non-EU tourists shifted their tax-free spending from the UK to other parts of the EU, with France and Italy seeing the most significant increase in tourism. UK retailers and businesses linked to tourism have called for the tax incentive to be reintroduced.
May 09, 2024
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