Cadogan, one of central London’s oldest landlords, has revealed a buoyant retail property performance but its chief executive warned the government should rethink the ‘tourist tax’ before it causes “irreversible damage” to the capital.
Hugh Seaborn joins a growing number of business leaders that want to see duty-free shopping reinstated. It was axed in 2021 and had made purchases in the UK 20% cheaper for international visitors.
