Lord Londesborough
Main Page: Lord Londesborough (Crossbench - Excepted Hereditary)
Thursday 15th December 2022
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(1 year, 4 months ago)
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Viscount Younger of Leckie (Con)
My noble friend makes an excellent point.
Lord Londesborough (CB)
My Lords, the arguments for tax-free shopping range from a £2 billion cost to the Treasury to a £4 billion benefit to the wider economy; I cite the recent survey from Oxford Economics. Whatever the truth, given the dire need for economic growth, surely it falls on the Treasury to at least review these important numbers.