Tourist Spending: VAT - Question

Part of the debate – in the House of Lords at 3:17 pm on 24 May 2023.

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Photo of The Earl of Clancarty The Earl of Clancarty Crossbench 3:17, 24 May 2023

My Lords, the Minister should look at the Oxford Economics report from last year, which showed a net economic benefit from tax-free shopping. Does she not accept that this is about an ecology of tourism—not just high-end shopping but the hospitality trade, theatres, concert halls and more? The UK needs to clearly show that it is open for business, as other countries are capitalising on this failure.