What: Harvey Nichols CEO shows concern about decreasing number of internal shoppers due to the lack of tax-free shopping for tourists.

Why it is important: Tourists are spending less time and money in the UK and are favouring Paris and Milan

The CEO, Manju Malhotra, expresses that businesses in the UK rely on international visitors and that the government needs to prioritise this before an election.

There have been multiple calls from the fashion industry for the reinstatement of the tax-free shopping for tourists that ended when the UK left the EU in 2020. Parliament is to debate the topic on September 7th.

Harvey Nichols CEO calls for return of tax-free shopping for tourists