Keir Starmer hits back at business tycoon Sir James Dyson attack on Budget as ‘spiteful’ [Video]

Sir Keir Starmer has rejected Sir James Dyson’s condemnation of Labour’s first Budget as “spiteful” and being the “death of entrepreneurship”.

Downing Street defended the tax, borrow and spending blueprint unveiled by Chancellor Rachel Reeves last week as a “balanced approach”.

No10 also highlighted moves to encourage more investment in the UK.

Sir James launched a stinging attack on the Budget on Monday.

But the Prime Minister’s official spokesman said: “The approach to this Budget was to be upfront and honest with the British public about the dire state of the public finances that the Government inherited and to be upfront and honest about the difficult choices and trade-offs needed in order to restore economic stability and lay the foundations for economic growth.

“At this Budget, the Government set out a corporate tax roadmap to give investors certainty over the course of the Parliament in relation to corporation tax which …