Dyson Confirm Company’s Head Office to Move to Singapore from UK

Dyson have confirmed that they are moving their company’s Head Office from the UK to Singapore, in a move which they denied was linked to Brexit. Jim Rowan, the company’s Chief Executive, said that the move to Singapore would “make us future-proof for where we see the biggest opportunities.”

Sam Gyimah, the Conservative MP for East Surrey, said on Twitter:

“Dyson’s decision to move his HQ to Singapore reflects his narrow business interest. This is not just a transfer of two people. When HQs move, so does the intellectual property. Betrayal of the public who put their faith in him as a British business advocating a No Deal Brexit.”

Lord Adonis, the former Labour Cabinet Minister, also posted on Twitter:

“I see why Dyson is moving his HQ to Singapore. 3 months ago Singapore signed a free trade agreement with the EU – so Dyson will have more access to European markets from Singapore than from the UK!”

Rebecca Long Bailey, the Shadow Business Secretary, said in a statement:

“Dyson’s move to Singapore is a shocking blow to workers who now potentially face unemployment, but it is also a huge blow to the Government’s industrial strategy. For too long this Government has allowed a culture of short termism to work its way into some of our greatest British businesses, whilst those businesses doing the right thing and investing in their communities and workforce for the long term are left wanting, with little Government support. It’s about time we future proofed our long term industrial strategy instead of future proofing the short term profits of a select few.”