Electrician Dan Byrne has admitted to GB News that Labour’s Budget, which will be unveiled today, could force his hand and make him shut up shop and move to Spain.
Speaking to Eamonn Holmes and Ellie Costello, he said his business is being “hammered and hammered” along with thousands of other small companies across Britain.
“We’re just getting hammered and hammered and hammered”, he said.
“I’m considering moving the family to Spain as an alternative because it’s become a bit of a dire environment for small businesses and investors in the UK.
Dan Byrne joined Eamonn Holmes and Ellie Costello on GB News
GB NEWS
“We’re looking at alternatives, yes.”
Byrne pinpointed Labour’s commitment to not raising taxes for working people, saying it suggests the writing is on the wall for employers.
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“Obviously, it paints a picture of the employers and investors who are bringing value to the economy”, he said.
“They’re going to get hammered. There’s only four of us working for my company and we’ve been established for over ten years.
“It’s not getting any better.”
Eamonn Holmes confided in Byrne, outlining his frustration with politicians.
Labour have warned ‘difficult decisions’ lay ahead
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The GB News star said they often “repeat the same mantra” and lack clarity in their convictions.
“The thing that makes me absolutely want to throw up with regard to politicians is they all repeat the same mantra”, he said.
“‘We are the party for business. We are the party for small businesses’. Everybody that has ever run or tried to run a small business will realise what rubbish all that is.”
Byrne added: “I don’t know where to begin with it. It’s not just business, it’s personal life. It’s not a good place to be.
“I don’t think anybody is looking at the UK right now thinking, ‘I know I want to come and start a business there. I want to come and invest money there’.
“It’s just a bad environment for business in general.”
Labour have unveiled a series of policies that can be expected in the Budget, and Rachel Reeves has said “difficult decisions” have been made.
Prime Minister Sir Keir Starmer said tax rises were necessary to “prevent austerity and rebuild public services”.
