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Search resuls for: "West End Company"


3 mentions found


☆ The UK used to be a European tourism hot spot. Here’s how it all went wrong
  + stars: | 2024-07-06 | by ( Julia Buckley | ) edition.cnn.com   time to read: +14 min
Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.
Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, ”, “, ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, –, Yates, ” There’s, Zeigler, Zyonse, ’, Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, ”, UK, “, China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York, ”
☆ London fears losing luxury shoppers to Paris and Milan
  + stars: | 2023-03-14 | by ( James Davey Sarah Young | James Davey | Sarah Young | ) www.reuters.com   time to read: +5 min
To compound the problem, British shoppers are themselves starting to spend more in the European Union, where they can also reclaim the value-added tax (VAT) charged on goods. OWN GOALBurberry BRBY.L, Britain's biggest luxury retail brand, warned last year that London was losing out to other European cities over the VAT rule. "That's why tax-free was so important for them, and now we are the only country in Europe that doesn't offer it." Cadogan, the main landlord in the west London districts of Chelsea and Knightsbridge, whose estate spans over 90 acres, also called on the government to act. He said he had not considered the VAT issue before, because he was generally spending his parents' money.
☆ European countries switch off Christmas lights this winter to cut energy usage as Russia keeps tight hold on gas supply
  + stars: | 2022-12-21 | by ( Kate Duffy | ) www.businessinsider.com   time to read: +4 min
European countries have turned off or reduced Christmas lights this year to cut down on energy use. Russia's crackdown on gas supplies to Europe has led to energy-saving measures on the continent. United KingdomThe infamous Christmas lights in London are running for fewer hours this year, according to the organizer the New West End Company. Smaller towns across the UK have also decided to switch off their Christmas lights in order to save money, per reports. GermanyAccording to the German non-profit environmental organization, Deutsche Umwelthilfe, Christmas lights in houses, apartments, and cities should be unplugged this year.
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