In an opinion piece for The Times newspaper, the tycoon said that the new Labour government's fiscal plans are "spiteful" and will cause small businesses to suffer. Mr Dyson is Britain's wealthiest resident, with a fortune of US$21 billion (S$27.9 billion), according to the Bloomberg Billionaires Index.
"Make no mistake, the very fabric of our economy is being ripped apart. No business can survive Reeves' 20 per cent tax grab. It will be the death of entrepreneurship," he said, referring to an inheritance tax clampdown on business owners announced in the budget.
"It detests the private sector and has chosen to kill off individual aspiration and economic growth."
Esta historia es de la edición November 05, 2024 de The Straits Times.
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Esta historia es de la edición November 05, 2024 de The Straits Times.
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Couples to get more support with cheaper marriage prep courses
Apart from higher rebates, more online modules will be made available to all
FROM CHARCOAL TO DENTURES
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While making overtures to Putin, he has not engaged with Xi.
