British heir to JCB threatens to relocate multibillion-pound firm to the US in protest over Rachel Reeves' inheritance tax raid

1 month ago 4

Jo Bamford, son of JCB chairman Lord Bamford, said the Staffordshire-based company could relocate to the US to avoid paying a 20 per cent tax on assets worth more than £2.5m.

Source: https://www.dailymail.co.uk/news/article-15731629/British-heir-JCB-threatens-relocate-multibillion-pound-firm-US-protest-Rachel-Reeves-inheritance-tax-raid.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

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