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Evening Standard
Evening Standard
World
Nicholas Cecil

London bosses ramp up calls for Jeremy Hunt to axe ‘tourist tax’ making Paris, Madrid and Milan ‘winners’

Jeremy Hunt London Madrid Milan Paris United Kingdom BusinessLDN Economy

London business chiefs on Wednesday ramped up their campaign to persuade Jeremy Hunt to axe the “tourist tax” warning that the “only winners” from it were cities such as Paris, Madrid and Milan.

The BusinessLDN group published a new analysis, based on a report by Oxford Economics, which showed the capital could be given a £1 billion boost, and 13,400 jobs, if the Chancellor restored tax-free shopping for international visitors.

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