Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

Heathrow could lose 2,000 retail jobs because of ‘tourist tax’

76

UK government’s decision not to offer tax-free shopping to international visitors criticised

Heathrow could lose 2,000 retail jobs because of the government’s decision not to offer tax-free shopping for tourists, according to the airport’s chief executive.

John Holland-Kaye said the move, which will make the UK the only country in Europe to have a “tourist tax” on international visitors, could be the “final nail in the coffin” for many struggling businesses in the retail and hospitality sectors.

Continue reading…

Leave A Reply

Your email address will not be published.