UK News Don't end duty free, top brands tell Chancellor

01:50  19 october  2020
01:50  19 october  2020 Source:   dailymail.co.uk

Disney+ changes layout of Marvel movies to add "Marvel Legacy Movies" sub-category

  Disney+ changes layout of Marvel movies to add Now sort out the X-Men: The Animated Series ordering.Disney+ is a pretty cracking streaming service, but it's still relatively new. As well as some glaring omissions (where are The Emperor's New School, Buzz Lightyear of Star Command and Fillmore?!), it takes a bit of time to negotiate the layout and different categories – especially when it comes to something as vast as the Marvel library.

The decision to end duty - free shopping on goods such as perfume, clothing and electronics will lead Chancellor Rishi Sunak is ending VAT refunds for international visitors to shops, and restricting tax The boss of Bicester Village shopping centre in Oxfordshire has written to Sunak and MPs telling

I don ' t think it's going to be the usual celebration it is and all families coming together, I'm afraid. 'I think we have to be honest and realistic and say that we are in for three to six months of a very, very difficult period. 'The temperatures drop, we are all indoors more often

a man standing in front of a store: MailOnline logo © Provided by This Is Money MailOnline logo

Top luxury brands including Ted Baker and Fortnum & Mason have warned the Chancellor that axing duty-free sales during the Covid-19 pandemic will put thousands of retail jobs further at risk.

In an open letter to Rishi Sunak, 16 firms said removing VAT refunds for international visitors to shops would deliver a hammer blow to the fashion industry 'at a time when it can ill afford it'.

Their warning comes after research laid bare the devastation retailers face this year, with a record 11,120 chain stores closing in the first six months.

a man standing in front of a store: Warning: Ted Baker and Fortnum & Mason are among 16 firms to lobby Chancellor Rishi Sunak © Provided by This Is Money Warning: Ted Baker and Fortnum & Mason are among 16 firms to lobby Chancellor Rishi Sunak

Under the changes on January 1, visitors from outside the EU will no longer be able to claim VAT refunds for goods such as perfume, clothing and electronics bought at shops. UK holidaymakers travelling outside the bloc will also lose tax relief.

Chancellor Rishi Sunak warns circuit-breaker lockdown could cost jobs

  Chancellor Rishi Sunak warns circuit-breaker lockdown could cost jobs Rishi Sunak backed the regional approach as Labour called for a circuit-breaker lockdown.There are growing calls, particularly from Labour leader Sir Keir Starmer, for a two-week circuit breaker to be implemented as a means of slowing the Covid-19 infection rate.

Barclays has also ended a range of mortgages for borrowers with less than a 25 per cent deposit and none of the main high street banks are currently offering mortgages for customers with less than 15 per cent equity. A Bank of England survey has found that banks and building societies expect to clamp

Whizzing off the production line in thousands of tiny bottles – new footage shows the vaccine that could end the Covid misery engulfing the planet. Drug giant Pfizer has already manufactured 'several hundred thousand doses' of the jab at its plant in Puurs, Belgium, The Mail on Sunday can reveal.

The Treasury claims the shakeup will save the public purse £1billion. But it faces a chorus of opposition from businesses, including Boots, Dixons Carphone, Heathrow Airport, Marks & Spencer and 600 West End firms, who say it will further hurt sales at a time of pandemic. In their letter, bosses of the luxury brands, which also include Chrissie Rucker's White Company, Paul Smith, Charles Tyrwhitt and Superdry, urged the Chancellor to reverse course.

Gallery: Which government's COVID support has been most generous? (Lovemoney)

a person standing in front of a building: Some government cash handouts and furlough schemes around the world are coming to an end, while others look set to stay until 2021 and beyond. From paying wages to offering one-off payments, salary subsidies and even monthly allowances, click or scroll through to find out how 30 countries compare in terms of support for their citizens. All dollar amounts in US dollars unless otherwise stated.

They said: 'This will be a hammer blow for the British fashion industry. Tourists spend billions of pounds in towns and cities across the country, sustaining our vibrant fashion and tourism industries, and helping our arts and culture sectors to thrive.

Disney+ has changed official MCU timeline from Marvel's order

  Disney+ has changed official MCU timeline from Marvel's order Pedro Pascal has described his amazement when he was offered a part in Wonder Woman 1984.

He told the Sunday Telegraph: 'If further restrictions on people's lives are proposed, the Government has to set a clear end date and a strategy for returning life to It came as it emerged that Mr Van Tam had told MPs during a private briefing on Monday afternoon that a vaccine may only be weeks away.

Answer 1 of 65: I see it has been asked many times in the past re duty free allowances and purchasing alcohol and cigarettes prior to arriving in Thailand, so just thought I would share our stupidity and give visitors more of a warning when it comes to duty free

'Removing an incentive for international shoppers to come here will affect jobs and livelihoods.' Duty-free shopping has already been hit this year by international travel restrictions.

Luxury brands have also warned that travellers are 'extremely price sensitive' and that ending VAT refunds will only 'encourage them to spend their money in Paris, Milan or Madrid'.

They fear the UK will become the only country in the developed world not to offer tax-free shopping to travellers – putting it at a major disadvantage.

Sales of luxury products can account for as much as 75 per cent of total sales in airports. However, the Treasury said its decision was taken 'following concerns that the tax-concession is not always passed on to consumers in airports', while the in-shop VAT refund scheme was 'costly'.

Yesterday a spokesman added: 'We're investing billions to support business across the country through our plan for jobs. Less than 10 per cent of non-EU visitors to the UK use the VAT refund shopping scheme and extending this to EU visitors could cost up to £1.4billion a year.

'Overseas visitors can still buy items VAT free in-store and have them sent directly to their overseas addresses.'

Read more

See Marvel and Alien cross over in new comic variant covers .
This is only just the start.

usr: 4
This is interesting!