Billionaire James Dyson blasts ‘spiteful’ UK tax hikes

Quick Summary:

Remarks are most high profile attack on UK budget from a British business leader.

She announced the biggest tax rise for over 30 years to raise money to shore up public finances and improve public services, including an increase to firms’ national insurance contributions.

Ms Reeves said in an interview with the BBC on Nov 3 that she is “not immune” to criticism over her tax plans but said “we’ve got to raise the money to put our public finances on a firm footing.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Business Businesses Budget James Labour Plans Dyson First Public Limited Reeves

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 08:25:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 547 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 23386729

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