The boss of Burberry has complained that the UK is at a “competitive disadvantage for global shoppers” which has held back sales in its home market after the government ditched a VAT tax break for tourists.
Jonathan Akeroyd, the chief executive of the luxury British brand best known for its signature check and raincoats, said sales to tourists had risen 19% in London in the three months to April but they had tripled in Paris and were up 43% in Milan.
