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Sliding pound lures bargain-hungry tourists to shop in London

Thursday, December 1, 2016 - 05:50
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London has become the cheapest city for luxury goods shopping in the world in dollar terms, according to a study by Deloitte.

London

WHILE the prospect of Brexit is weighing on much of the British economy, tourism and luxury goods businesses are cashing in on bargain-hungry visitors lured by the slide in the pound.

London's tourism agency says sales of goods eligible for sales-tax exemption have gone up