The boss of Mulberry has called on Andy Burnham to scrap the widely despised tourist tax to boost British manufacturing across the regions and revive luxury sales.
Chief executive Andrea Baldo has said that restoring a VAT-free shopping scheme should be ‘high on the agenda’ for the new Prime Minister, as it will help boost jobs across the country, including at its own hub in Somerset.
It came as the British handbag maker's losses narrowed from £32.2million to £8.9million after a turnaround strategy that has refocused on its home market.
Shares rose 5.8 per cent to 145p on Wednesday morning.
Baldo said that scrapping the tax, which hundreds of businesses, including Primark, Harrods and Burberry have called on previous Governments to axe, would ‘unlock an opportunity…which helps all the cities of the UK.’
