Airports americas APAC APTRA Asia Pacific Aviation brexit Canada counterfeiting DFWC Economy EU Europe European Union fake free trade zones free zones ftzs illicit trade international chamber of commerce Jesrsey LATAM Latin America Media Netherlands OECD Regulations Security Studies Tax tax free Tourism Transport UK United Kingdom USA vat free
Initial Assessment of the Impact of Removal of the Extra Statutory Concession on Goods Supplied at Duty-Free and Tax-Free Shops
A study commissioned by the UK Travel Retail Forum to make an assessment of the consequences of the UK Government withdrawing VAT-free sales in the UK following Brexit. The initial assessment found that the removal of VAT-free sales could result in a loss of over £2million GBP in GDP, and affect thousands of jobs.
Economic Benefits from Air Transport in the UK
This study, commissioned by leading players from the aviation and tourism sectors and published at the Annual Conference & Exhibition of the Airport Operators Association (AOA), the trade body for UK airports, on 10 November, shows that all three elements of the sector made a significant contribution to the UK economy.