The Retail Gazette
King Charles’ coronation bank holiday weekend (6-8 May) is expected to generate up to £50m for London’s West End retail and hospitality businesses, according to estimates from the New West End Company (NWEC).
NWEC chief executive Dee Corsi said: “Uniquely British events, such as The King’s Coronation show our capital at its very best. We’re expecting a flood of domestic and international visitors drawn by the chance to be part of history.”
“The West End’s recovery is on track, but in order to ensure it remains globally competitive, the UK needs to increase its appeal to high spending international visitors. We strongly encourage the Government to consider low-cost growth measures, such as a reconsideration of the abolition of tax-free shopping and an extension of Sunday Trading Laws, to guarantee the long-term success of Britain’s tourist economy.”
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