Tourists are spending more money in London although the number of them is dwindling, according to figures from Visit London.
The amount they spent rose 3.4 per cent to£10.4 billion last year, despite the number of tourists visiting London falling 4 per cent as a result of the credit crunch and the decline in consumer confidence.
While visitor numbers rose 6 per cent in the first half of the year, they fell 7 per cent in the second half, resulting in a total of 25.5 million visitors to the capital last year.
Retailers that benefit particularly from tourist spend include iconic stores like Harrods, Hamleys and Fortnum & Mason.
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