Following the UK's decision to eliminate tax-free shopping for tourists post-Brexit, there has been a significant shift in shopping tourism from London to other European cities such as Paris, Milan, and Madrid. This policy change has been blamed for substantial job losses at major retailers like Selfridges and Carpetright. Selfridges has attributed its recent job cuts directly to the decline in tourist shoppers, while Carpetright is laying off more than 25% of its head office staff.
🇬🇧 Thousands of tourists desert UK for Europe’s tax-free retailers https://t.co/lvzJ3togD0
🇬🇧 Selfridges cuts jobs and blames loss of tax-free shopping https://t.co/qLbsRSfOjv
Thousands of tourists ditch UK to shop in other parts of Europe with no VAT fees as retailers urge Government to scrap hated tourist tax https://t.co/649pAmZzLY https://t.co/2tPvyzl9MA
#Paris, #Milan become the new favourite #shopping #destinations for #travellers after #London's '#TouristTax' https://t.co/B56JYNaJ4F
Post-Brexit shoppers shift from London to tax-free Paris and Milan in "lost opportunity." https://t.co/TaiK23o8uK
Thousands of shoppers swapped London for the EU since ‘tourist tax’ https://t.co/AELlgjAZYZ via @creery_j @arascouet https://t.co/0iOX3ax8Nd
Thousands of tourists who used to come to Britain for tax-free shopping are now visiting stores in Paris, Milan and Madrid after the UK scrapped the incentive in the wake of Brexit. https://t.co/Gfd29k0Nms
🇬🇧 Loss of tax-free tourist shopping blamed for Selfridges job losses https://t.co/MdaKHGvdyv
🇬🇧 Carpetright to layoff more than 25% of head office staff https://t.co/rTgDwZfWrk