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LONDON DAILY ARCHIVE

UK Loses Billions Annually Due to Cancellation of Tax-Free Shopping

Retail groups urge government to restore VAT rebates for tourists

22 July 2025 · 23:47 UTC

Campaigners warn that Britain is losing billions in tourism and retail revenue each year due to the government’s decision to end tax-free shopping for overseas visitors.

The policy change, introduced post-Brexit, has prompted luxury brands and travel industry leaders to push for reinstatement amid falling high-end consumer spending.