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Labour, think positive and drop the luxury tax
Evening Standard
|July 11, 2024
LABOUR is looking for growth opportunities that are ready to go and we have one right here.
Top of the fashion industry agenda is tax-free shopping.
While we didn’t expect the Labour Party to campaign on the back of it, if we are truly to deliver growth, prosperity, jobs and inward investment, then it’s time to bring it back. It’s not only fashion that would benefit, but tourism, hospitality and the broader creative industries.
The fashion industry isn’t blind to the fact that the Conservative government called it a luxury tax as a way to make it look like large conglomerates and those with disposable income were the only beneficiaries.
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