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Small landlords and business owners say the Budget has piled on more costs as one Kent founder risks family savings

John Healey spoke with Laura Kuenssberg as Chief Treasury Secretary Emma Reynolds also refused to commit, telling LBC the government had reduced the gap between youth and adult minimum wage rates "by a third.
John Healey spoke with Laura Kuenssberg as Chief Treasury Secretary Emma Reynolds also refused to commit, telling LBC the government had reduced the gap between youth and adult minimum wage rates "by a third.
A data graphic showing Britain spent £1.1 trillion more on benefits than infrastructure over 19 years, as two government reviews on PIP reform and youth employment are due to report this month.
A data graphic showing Britain spent £1.1 trillion more on benefits than infrastructure over 19 years, as two government reviews on PIP reform and youth employment are due to report this month.

John Healey's Budget has provoked anger among small landlords and entrepreneurs, with a Kent padel court founder revealing that HMRC demanded £12,500 in tax before his business had even opened its doors. Critics have called the Budget another blow to small landlords, while business owners warn that rising costs are pushing them to stake family savings on ventures that may never break even.

The padel business owner says he is risking personal savings after the Budget added to his pre-launch tax bill with no relief in sight.

Landlords face a fresh squeeze after multiple budgets in succession have targeted buy-to-let, with critics warning smaller operators will simply exit the sector, reducing rental supply further.

John Healey's debut Budget was praised for avoiding market chaos, but commentators say it offered only sticking-plaster fixes rather than the radical pro-growth reset Britain needs.

MoreThe TimesThe budget was yet another attack on small landlordsiNewsI couldn’t sell my house for a £40,000 cut. It’s a disaster for landlords like meThe ScotsmanCall for Scotland to follow UK Budget's business rates changesGB News'HMRC wants £12,500 before I've opened' Business owner risks family savings as Budget adds to costsThe HeraldAndy Burnham’s Budget offers sticking plasters when Britain needs radical changeThe HeraldJohn Healey Budget: Did it disappoint? Yes, but mainly noThe HeraldBudget spared retailers fresh pain, but now Scotland must act
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