The New West End Company is calling on the UK government to introduce tax-free shopping for European tourists post-Brexit as what should be Britain’s busiest shopping area continues to see a mere trickle of visitors.
London's West End is preparing for reopening in the next few weeks with the New West End Company issuing strategy guidance and saying markdowns will be off the menu as they could encourage unsafe shopping.
Climate change protestors are continuing to disrupt the West End and with a threat on Wednesday to target the London Underground too, retailers are increasingly worried that the Easter shopping season is at risk.
The UK is a magnet for luxury tourists but the potential for spend at its upscale fashion stores is being let down by the country’s ‘Stone Age’ method of refunding VAT, experts claim. And Brexit could make it worse.
Christmas spend could dip slightly in the West End this Christmas a new prediction shows but it also says that the challenging year has made it a buyers market that should tempt people away from their screens.