Labour Party and Shein19 Jun 2024 19:29
The Labour leadership is resisting calls to close a tax loophole used by Shein as the party seeks to encourage the controversial Chinese-founded fast-fashion company to float in London.
Tax campaigners and some retailers have urged Labour to crack down on Shein’s use of the loophole, in which companies can avoid import duties by shipping small packages directly to customers, if the party wins the July 4 election.
However Labour told the Financial Times it had no plans to do so.