Dyson to move company HQ to Singapore
by Rupert Neate Wealth correspondent from Technology | The Guardian on (#47GTQ)
CEO says plan is more about 'future-proofing' business than anything to do with Brexit
Sir James Dyson, the British billionaire inventor and outspoken Brexiter who called on the government to walk away from the EU without a deal, is moving the headquarters of his vacuum cleaner and hair dryer technology company to Singapore.
The Dyson chief executive, Jim Rowan, said the move from Wiltshire to Singapore had "nothing to do with Brexit" but was about "future-proofing" the business. The move of Dyson's legal entity from the UK to Singapore "will happen over the coming months", meaning it could take place before Brexit.
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