Bring back duty-free perk to boost London - mayor

Bring back duty-free perk to boost London

Feb 02, 2023 by BBC

Key Facts

  • Image source, Prisma by Dukas/Getty Images Image caption, Sadiq Khan said reinstating the perk would provide a "much-needed boost" to the capital's retail sector The mayor of London has called on the chancellor to reinstate duty-free shopping for overseas visitors and extend it to EU visitors.
  • Image source, Mike Kemp/Getty Images Image caption, Steve Medway, CEO of the Knightsbridge and King's Road Partnerships called on the chancellor to "see reason" and bring the policy back Before Brexit in 2020, international visitors could receive a VAT refund on items bought in High Street shops, at airports or other departure points from the UK which they exported in personal luggage.
  • Mr Khan co-signed a letter on 31 January to the chancellor in which he said that reinstating duty-free shopping would help London's retail and hospitality sectors "at a time they need it most".
  • LONDON AT A 'DISADVANTAGE' Steve Medway, CEO of the Knightsbridge and King's Road Partnerships, representing over 500 businesses in the Kensington and Chelsea area, including major signatories to the letter, called on the chancellor to "see reason".

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