Burberry bosses urge Rachel Reeves to reinstate tax-free shopping for tourists

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Bosses at Burberry have urged Rachel Reeves to reinstate a tax-free shopping scheme for tourists in the budget to “unlock further growth” and increase tourist spending.Executives at the British luxury brand called on the chancellor to pursue “progressive policies” to boost shopping sprees from tourists, pointing specifically to a value-added tax (VAT) refund programme for foreigners that was scrapped five years ago.Tax-free shopping was abolished at the end of 2020.The policy made a brief return under Liz Truss’s short-lived government in 2022 but was scrapped again weeks later by her successor as prime minister, Rishi Sunak.Burberry said the UK had been losing out ever since, with shoppers from the US, Middle East and Asia apparently flocking to Paris and Milan rather than London for luxury goods.

Bosses argued Reeves had an opportunity to lure overseas shoppers back to the UK in her autumn budget on 26 November.“We would like to see progressive policies that reinvigorate international visitor spending, that support jobs and stimulate growth across the whole visitor economy,” Burberry’s chief executive, Joshua Schulman, said in a media call on Thursday.He said that would involve “changing the VAT refund scheme, putting us on par with other European countries.We know that our tourist business here in London has gone down ever since that refund was taken away.”Burberry said UK sales accounted for less than 10% of the brand’s overall revenues, but that could increase if the Labour government reinstated the VAT change.

“Obviously at the moment [UK sales are] just 10% but it could clearly grow to be a lot more than that if we had more tourism here,” the chief financial officer, Kate Ferry, told reporters.The brand cheered signs that its turnaround plan was bearing fruit, with comparable store sales rising for the first time in two years – up 2% in the second quarter – and losses nearly halving in the six months to the end of September.Schulman said Burberry had “begun to see customers return to the brand they love, resulting in comparable store sales growth for the first time in two years.While it is still early days and there is more to do, we now have proof points that Burberry Forward is the right strategic path to restore brand relevance and value creation.”Burberry revealed its restructuring plans in May, saying it could end up cutting about 1,700 jobs worldwide by 2027 – including the entire night shift at its raincoat factory in West Yorkshire – to help cut costs and restore profits.

Sign up to Business TodayGet set for the working day – we'll point you to all the business news and analysis you need every morningafter newsletter promotionAdjusted operating profit for the six months to the end of September was £19m, swinging from a £41m loss during the same period last year.However, Burberry took a £37m restructuring charge, partly linked to redundancy payouts related to an undisclosed number of job cuts, resulting in a £48m loss.That marked an improvement on the £80m loss reported last year.“We had a large transformation programme over the summer, [and] yes, we are facing some reasonably large, exceptional items relating to those this year,” Ferry said.“But as we move into next year, I can certainly see a world where we’re delivering strong profit and good free cashflow.

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Polpa position: budget tinned tomatoes score well in Choice taste test

Consumer advocacy group Choice has taste-tested 18 brands of chopped and diced tomatoes, finding three cheaper cans outranked many more expensive brands.Four judges ranked tinned tomatoes from Australian supermarkets and retailers, assessing them on flavour, texture, appearance and aroma – with flavour accounting for the biggest percentage of overall scores.Italian brand Mutti’s Polpa Organic chopped tomatoes, costing $2.95 for a 400g tin, was awarded the highest score of 80%. It was the most expensive product tested, described by judge Fiona Mair (who also judges at the Sydney Royal Fine Food Show) as having “an earthy fresh tomato aroma, really rich juice and flesh”

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Three plant-based chocolate mousse recipes by Philip Khoury

Mousse au chocolat is one of the most exquisite ways to enjoy chocolate – so here are three recipes that offer it in different textures and levels of chocolate intensity. Each one works beautifully with dark chocolate containing 65-80% cocoa solids. Blends with no specific origin can be further rounded out with one teaspoon of vanilla paste or the seeds from a vanilla bean.Once the mousses have been prepared, they can be frozen and gently defrosted in the refrigerator. Top with chocolate shavings, cocoa nibs or a dusting of unsweetened cocoa powder for texture and contrast

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Don’t pour that olive brine down the drain – it’s a flavour bomb | Waste not

When I taste-tested olives for the food filter column a few months ago, it reminded me that the brine is an ingredient in its own right. This intensely savoury liquid adds umami depth to whatever it touches, and, beyond seasoning soups and stews, it can also be used to make salamoia, the aromatic brine that’s traditionally used to top focaccia and create that perfect salty crust.Pouring olive brine down the sink is like washing pure flavour down the drain. Instead, save it to supercharge your focaccia, creating a beautifully flavoured, salted crust that elevates an ordinary loaf into something extraordinary. While I’m partial to rosemary and olives as toppings, this focaccia delivers heaps of flavour even when kept completely plain and simple

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Jelly’s back! Here are three worth making – and three that should wobble off to the bin

Jelly has a dowdy reputation, but it may well be the perfect food for the Instagram age: when it works, it’s incredibly photogenic, so who cares what it tastes like?There can be no other explanation for recent claims that savoury jellies – the most lurid and off-putting of dishes, reminiscent of the worst culinary efforts of the 1950s – are suddenly fashionable. This resurgence comes, according to the New York Times, “at a time when chefs are feeling pressure to produce viral visuals and molecular gastronomy is old hat”.The notion that jelly is having a moment is actually a perennial threat: this time last year it was reported that supermarket jelly cube sales were rising sharply, while vintage jelly moulds were experiencing a five-fold increase in online sales. And it was 15 years ago that the high-end “jellymongers” Bompas & Parr – known for their elaborate architectural creations – first published their book on the subject.People who are sceptical about jelly are often put off by its origins

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Australian supermarket wheat crackers taste test: ‘All the reviewers knew which one was the real deal’

Nicholas Jordan risks it for the biscuits, sampling 19 wheat crackers in the driest taste test yetIf you value our independent journalism, we hope you’ll consider supporting us todayGet our weekend culture and lifestyle emailI’ve been wanting to write this article for over a year but I’ve been too intimidated and confused to start. There are several hundred supermarket products that could be called a cracker. Imagine a taste test with 100 versions of the same thing. Do I have the stomach space or mental bandwidth to process that much? Otherwise, how do I decide what’s in or out? Even if I did, how do I rule what is a cracker or not? How do you determine the criteria for tasting something rarely eaten on its own? Do you rate the crackers for deliciousness or compatibility? Are those two things even that different?Then there’s the anxiety of spending several days agonising over all that, and conducting a taste test only to arrive at the conclusion that Jatz are great. Do people want to read an article about why Sir Donald Bradman is better than whoever the second-best-ever cricketer is?Instead of answering all those questions, I could just have a lovely afternoon making my way through 17 kinds of chocolate or many iced coffees

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Same sheet, different dish: how to use up excess lasagne sheets

I’ve accidentally bought too many boxes of dried lasagne sheets. How can I use them up? Jemma, by email This is sounding all too familiar to Jordon Ezra King, the man behind the A Curious Cook newsletter. “It’s funny Jemma asks this,” he says, “because I was in this exact same situation earlier this year after over-catering for a client dinner.” The first thing to say is there’s no immediate rush, he adds: “It sounds obvious, but you can keep the boxes for a long time.” Fortunately for Jemma and her shopping mishap, however, lasagne sheets are also flexible, and their shape doesn’t have to dictate what you do with them