The tax hikes on British businesses in Chancellor Rachel Reeves’ first budget will lead to the “death of entrepreneurship” and could “kill off” growth, according to Mr James Dyson, the billionaire founder of vacuum cleaner maker Dyson.

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Sir James Dyson attack on Budget as 'spiteful' slammed by Yvette Cooper

The businessman said the decision to tighten inheritance tax relief on business property is an ‘ignorant swipe at aspiration’

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James Dyson condemns Rachel Reeves’s Budget ‘tractor tax’ as ‘spiteful’

Dyson billionaire and inventor Sir James Dyson warns Labour Chancellor Rachel Reeves' 'spiteful' Budget will be the 'death of entrepreneurship'

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James Dyson skewers Reeves' 'spiteful' Budget - 'death of entrepreneurship'

Entrepreneur accuses Rachel Reeves of ‘spiteful’ Budget

The Telegraph

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James Dyson: Chancellor is taking an ‘ignorant swipe at aspiration’

Remarks are most high profile attack on UK budget from a British business leader. Read more at straitstimes.com.

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Billionaire James Dyson blasts ‘spiteful’ UK tax hikes

The Government insists its fiscal plans will boost economic growth

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Sir James Dyson has blasted Labour’s “spiteful” politics after chancellor Rachel Reeves raised taxes on school fees and multimillion-pound estates. The Dyson entrepreneur became the latest landowner to hit out at moves to cut agricultural property relief (APR), which is designed to help farmers pass land on but has increasingly been used by the wealthy to avoid inheritance tax. Dyson is reputed to own 36,000 acres of farmland in Lincolnshire and…

The London Economic

James Dyson becomes the latest landowning multi-millionaire to blast the Budget

Ignorant swipe at aspiration will kill off family businesses, entrepreneur says as backlash grows over inheritance tax reforms

The Times

James Dyson blasts Rachel Reeves’s ‘spiteful’ budget

Sir James Dyson has condemned Labour’s Budget as “spiteful”, warning the decision to raise inheritance tax on farms and family businesses will be the “death of entrepreneurship”. The leading British businessman – who employs more than 2,000 people in the UK – claimed that the new government will “kill off home-grown family businesses”, dubbing the changes an “ignorant swipe at aspiration”. The Budget – Labour’s first for nearly 15 years – saw th…

uk-times.com

James Dyson condemns Rachel Reeves’s first Budget as ‘spiteful’ – UK Times

Sir James Dyson has strongly criticised Chancellor Rachel Reeves’ latest Budget, describing the new inheritance tax policy as a “spiteful” move that threatens the future of family businesses in the UK. Under the changes, family-owned businesses and farms worth over £1 million will face a 20 per cent inheritance tax starting in April 2026, a measure Dyson argues could lead to the “death of entrepreneurship” and dismantle the foundation of the Bri…

Billionaire James Dyson blasts ‘spiteful’ UK tax hikes

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