March 12 2020  |  Industry News

UK government’s duty free consultation hailed “a step in the right direction”

By Mary Jane Pittilla

The UK Travel Retail Forum (UKTRF) has welcomed the UK government’s Budget announcement of a consultation on the country’s post-Brexit duty and tax free regime.

“The consultation represents the clearest-yet opportunity for the travel retail industry to make clear the substantial economic and consumer benefits a fully-fledged duty and tax free post-Brexit regime could deliver for the UK,” the UKTRF said in a press release following the Budget announcement on March 11.

Francois Bourienne, Chair of the UKTRF, said: “The UK Travel Retail Forum welcomes the opportunity to respond to the government’s consultation on the post-Brexit duty and tax free regime.

“The return of duty and tax free sales for passengers traveling from the UK to the EU by air, sea or train will deliver substantial economic benefits and new jobs right across the UK, as well as delivering new options and experiences for travelers heading to the continent for work or leisure.

“A recently completed independent economic analysis has concluded the full return of duty and tax free sales in the aviation industry alone could contribute as much as £1.1 billion (US$1.4 billion) to the UK economy, and generate over 10,300 direct and indirect jobs up and down the country.

“The Chancellor’s announcement is a positive step forward, but the UKTRF is well aware of the work required in the months ahead to ensure we achieve the policy outcome the industry wants and needs in order to remain competitive with its EU counterparts.

“While UKTRF will, of course, be making a detailed submission on behalf of the industry, we will also be encouraging all of our members to put forward their own views as key contributors to the UK travel and transport sector.

“UKTRF has been a strong supporter of the return of duty and tax free after Brexit since the referendum of 2016. We appreciate the government’s willingness to engage with the industry on this important issue and will be working constructively with ministers and officials as the policy is developed.”

REGION Gulf Africa

Brand News

November 30 2021

Rituals Cosmetics talks digital…

Leveraging the digital experience in-store and representing a holistic view of mind, body & soul, the leading wellbeing beauty…

November 29 2021

Stoli releases exclusive limited…

​Stoli Group has released an exclusive limited edition of its award-winning Elit Vodka brand with Dubai Duty Free at Dubai…

November 29 2021

The Balvenie tells more Stories…

​Scotch whisky brand The Balvenie has unveiled two additions to its The Balvenie Stories Collection – The Tale of the Dog…

November 29 2021

Duty Free Dynamics and Simextra…

​Duty Free Dynamics, the travel retail brand distribution specialist, and Simextra Group, experts in the domestic and travel…

November 29 2021

Kavalan wins IWSC Worldwide Whiskey…

​The International Wine and Spirit Competition has awarded its Worldwide Whiskey Producer trophy…

November 29 2021

Mondelez links with Dufry for One…

Confectionery giant Mondelez World Travel Retail and leading travel retailer Dufry are supporting the non-profit tree planting…

November 24 2021

Imperial Duty Free opens Bulgari…

​A new Bulgari monobrand boutique has begun trading at Moscow Sheremetyevo Airport Terminal C, operated by Imperial Duty…

November 24 2021

Glenfiddich celebrates festive…

​Glenfiddich has introduced Glenfiddich Grand Cru, a 23-YO single malt Scotch whisky expression finished in rare French cuvée…

November 24 2021

FOREO announces new e-commerce…

​FOREO has partnered with e-commerce specialist Yegeun F&C in Korea to strengthen its presence in the e-commerce market

Copyright 2021 DutyFree Magazine. All rights reserved. Privacy Policy Sitemap