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Fortune
Fortune
Prarthana Prakash

James Dyson, Elon Musk, and Jeremy Clarkson among the chorus of rich and famous criticizing new U.K. budget as the ‘death of entrepreneurship’

James Dyson speaking (Credit: Sebastian Reuter—Getty Images for Dyson)

The U.K.’s new budget aims to raise £40 billion through additional taxes, and the country’s rich and influential are lashing out at the policies for discouraging business.

James Dyson, the business magnate behind electronics giant Dyson, slammed Chancellor Rachel Reeves’s measures to increase taxes, including on the inheritance of farmland worth above £1 million in value.

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