London West End Shops Say ‘Tourist Tax’ Worse Than Inflation (1)

Businesses in London’s West End have been more affected by the loss of tax-free shopping for tourists than by the UK’s stubborn cost-of-living crisis, according to an industry group.

A survey from the New West End Company found that 92% of retail, hospitality, leisure and food and drink businesses say they’ve been impacted by the end of VAT-free shopping following Brexit. That compares with 58% for the cost-of-living crisis and inflation.

Many respondents said they were reviewing future investment in the UK due to the tax situation, and reconsidering staffing requirements.

The findings came as members of Parliament debated tax-free ...