James Dyson, in an interview with the Telegraph, moans about lack of UK growth. He wanted the Truss / Kwarteng plan to succeed and thinks it was a good plan. Once again we see very rich people wanting tax cuts and presenting the notion that they drive growth as the reason. This is wrong. Tax cuts benefit the already rich. Investment drives growth. Sadly this fake logic of tax cuts driving growth has become unchallenged.
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Hi
If he genuinely wanted to increase UK Growth he could bring his factories back here.
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This is simple logic, when you “live in a vacuum”.
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Indeed:
Dyson products were made in Wiltshire until 2002 before moving to Malaysia. The company has also made hairdryers, fans, and lights and has 14,000 employees worldwide.
With a family fortune of £23 billion up £6.7 billion on 2021, 75-year-old inventor Sir James Dyson has become the second richest person in the UK, behind London-based brothers Sri and Gopi Hinduja, now worth a record £28.472 billion.
Investment abroad:
Dyson moved the headquarters of his home appliances business to Singapore in 2019, shortly afterwards spending £43m on a triplex penthouse in the city’s tallest building.
Although the company’s research and development operations remained in Malmesbury, Wiltshire, the overseas shift drew criticism, given that Dyson had previously touted Brexit as a great opportunity for UK entrepreneurs. His justified the decision by highlighting the need to access Asian markets close to Singapore. He backed up the rhetoric by opening a new headquarters there last year and pledging to invest more than £1bn.
and wealth for himself … 
Unlike here where tax cuts for the rich will go ahead.
The Australian Labor government is between a rock and a hard place over the upcoming tax cuts for the rich. The Coalition enacted the legislation to bring them about when they were in power, Labor, in a foolish and nonsensical move during the election promised to keep them.
They are a $300 billion drain on the government’s bottom line and totally irresponsible.