Business
Chinese Tourists Are Returning to London, But Spending Far Less
- London West End shops see dip in spending due to ‘tourist tax’
- Gap between visitor numbers and sales has grown this year
This article is for subscribers only.
Chinese tourists are returning to London after restrictions on travel were lifted, but they’re spending dramatically less than before the pandemic.
The New West End Company, which represents stores and hotels in the busy London district, has found that tourists are increasingly aware that the UK no longer offers tax-free shopping post Brexit, and are diverting their buying to elsewhere in Europe.