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Kurt Geiger CEO warns of job cuts following government's tax-free shopping 'own goal'

Kurt Geiger CEO Neil Clifford has said the company is planning another 500 job cuts - equating to over a quarter of its workforce - early next year following the government’s announcement in September it would be scrapping tax-free shopping on 31 December. In a letter to chancellor Rishi Sunak, seen by Drapers, Clifford described the government’...

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UK government warned scrapping tax-free shopping could risk 70,000 jobs

Retailers have warned the government that its proposed plan to scrap tax-free shopping at the end of this year could lead to 70,000 job losses. The UK Treasury earlier this month said that the retail scheme, which allows non-EU shoppers to reclaim VAT paid on purchases, would be scrapped at the end of December. It would make the UK the only...