UK Retailers Urge Immediate Action as Rachel Reeves Delays Closing Import Used by Shein and Temu
Автор: news STREAM UK
Загружено: 2025-11-28
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British retailers criticise Chancellor Rachel Reeves for postponing the closure of the low-value import duty loophole until 2029, warning that the delay allows Chinese fast-fashion giants like Shein and Temu to continue undercutting UK high street businesses.
UK retailers are intensifying pressure on Chancellor Rachel Reeves after her Budget revealed that the long-criticised import duty loophole—used extensively by Chinese fast-fashion giants Shein and Temu—may not close until 2029. The delay has sparked frustration across the retail industry, with major brands warning that millions of duty-free low-value parcels entering the UK each day are harming competition, undermining high street businesses, and exposing consumers to products that may not meet UK standards. Despite Reeves’ pledge to create a “level playing field,” industry groups say the extended timeline risks further damaging an already declining retail sector.
Shein UK import loophole
Temu UK customs duty
Rachel Reeves Budget 2024
UK low-value import threshold
British Retail Consortium reaction
fast-fashion competition UK
UK retail crisis 2024
closing de minimis rule UK
UK high street vs Chinese retailers
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