Everything family businesses should know ahead of Reeves’ tax changes February 14, 2025 Rachel Reeves' Budget has thrown up new obstacles for family businesses. Stephanie Parish tells you why you should plan ahead now.
James Dyson: Reeves’ inheritance tax hike ‘is killing geese that lay golden eggs’ January 27, 2025 Billionaire Sir James Dyson has again hit out at Rachel Reeves for her tax raid budget, saying British family businesses are being “fleeced”. The British entrepreneur, 77, hit out at the Chancellor in a letter to The Times, writing that Reeves will “kill off” British family businesses with a “vindictive” budget, including inheritance tax hikes. [...]
Dyson to face lawsuit over Malaysian factory December 13, 2024 Dyson is set to face legal action over alleged working conditions at a third-party manufacturer, after a court overturned a decision on jurisdiction
No10 warned over risk of ‘killing off’ family-run firms November 4, 2024 Downing Street is attempting to weather a storm whipped up by entrepreneur James Dyson over changes to the inheritance tax treatment of family-run businesses. In an article in the Times, Dyson accused the government of “killing off family businesses, individual aspiration and economic growth” with their approach to death duties in the Budget. The high-profile [...]
No10 hits back as Dyson boss slams ‘ignorant’ and ‘spiteful’ Budget November 4, 2024 Sir James Dyson has branded Rachel Reeves’ first Budget “ignorant” and “spiteful” as he accused her of “killing off family businesses, individual aspiration and economic growth”. The British entrepreneur, 77, hit out at the Chancellor following the government’s first fiscal event last week, writing in the Times newspaper that Labour “hates British families”. He cautioned [...]
Dyson to cut up to 1,000 jobs in the UK as firm looks to cut costs July 9, 2024 "We have grown quickly and, like all companies, we review our global structures from time to time to ensure we are prepared for the future. As such, we are proposing changes to our organisation, which may result in redundancies,” chief executive Hanno Kirner said.
Dyson powers up tech investment after hitting record global sales February 29, 2024 Dyson is now gearing up for its biggest line of product launches to date after hitting record global revenues of £7.1bn in 2023.