<ul><li>James Dyson criticizes Labour's first Budget, calling it 'spiteful' and predicting it will kill entrepreneurship.</li><li>Dyson specifically criticizes the closure of an inheritance tax loophole and reduction in business property relief on inheritance tax.</li><li>He argues that the Budget is killing established family businesses and discouraging the start of new ones.</li><li>Reaction from the business sector has been cautiously optimistic, with concerns raised about changes to capital gains tax and Business Asset Disposal Relief.</li></ul>

James Dyson Says ‘Spiteful’ Budget Will Kill Start-Ups

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