Lord Londesborough
Main Page: Lord Londesborough (Crossbench - Excepted Hereditary)(1 year, 8 months ago)
Lords ChamberMy noble friend makes an excellent point.
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.