Leading Brexiteer James Dyson relocates headquarters to Singapore
Pro-Brexit inventor James Dyson will move his company headquarters from the UK to Singapore in the next few months, but denies that the decision relates to Brexit.
Dyson, which makes vacuum cleaners, hair dryers and other products, said the decision was unrelated to Britain's exit from the EU, which is due to happen on 29 March.
"This decision has nothing to do with Brexit," said the company to Dezeen. "Dyson's centre of gravity has shifted: Asia represents its largest and fastest-growing market of the world."
Instead, Dyson pointed towards a growing market in Asia as the reason for the move, with a "soaring demand for Dyson products across Asia" where consumers are "hungry for the most advanced technology". James Dyson "optimistic" about Brexit
Billionaire Dyson, 71, studied furniture and interior design at the Royal College of Art and served as the school?s provost from 2011 to 2017, but is the only leading creative-industries figure to argue in favour of Brexit.
In 2017 he said he was "enormously optimistic" about Brexit and described himself as a "patriot".
Dyson began his business with the revolutionary bagless vacuum cleaner in 1993, and went on to redesign a number everyday products, including fans, heaters, hand dryers, humidifiers and the hairdryer.
The company is currently working on its first electric car. It announced in October 2018 that it would manufacture the vehicles in Singapore, rathe...
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