Sky News
@skynews·9.3M subscribers·76.1K videos
Business Live with Ian King: Fashion designer Sir Paul Smith backs tourist tax U-turn
Posted
February 5, 2024
Views
5,534
Likes
16
Engagement
0.29%
February 5, 2024
5,534
16
0.29%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
26:16Now PlayingJoin Ian King and guests as Sir Paul Smith tells Sky News that his support for an end to the £2bn tourist tax extends way beyond the hit to his own business, arguing that the tax sends a message that the UK's "fantastic" attractions are closed.
In an interview with Business Live, he explained why he added his name to a letter to the chancellor - signed by 400 business leaders - demanding the decision to scrap VAT-free shopping for international visitors is overturned.
It was reported over the weekend that Jeremy Hunt had asked the Office for Budget Responsibility to review the tax which, according to estimates, rakes in about £2bn for UK public coffers.
#PaulSmith #Fashion #UTurn #Tourism #TouristTax #Business
Read more 👉
Latest business news 👉
Money advice blog 👉
SUBSCRIBE to our YouTube channel for more videos
Follow us on Twitter
Like us on Facebook
Follow us on Instagram
Follow us on TikTok
For more content go to and download our appsApple Android
Sky News Daily podcast is available for free here
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí
To enquire about licensing Sky News content, you can find more information here
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
