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Billionaire Sir James Dyson moves residency back to the UK | Billionaire Sir James Dyson moves residency back to the UK |
(32 minutes later) | |
He faced criticism in 2019 after announcing that he would relocate his firm's global head office | He faced criticism in 2019 after announcing that he would relocate his firm's global head office |
High-profile businessman Sir James Dyson has moved his residency back to the UK from Singapore. | High-profile businessman Sir James Dyson has moved his residency back to the UK from Singapore. |
He now lives primarily in the UK according to filings for his companies, which include his family office. | He now lives primarily in the UK according to filings for his companies, which include his family office. |
Sir James had in 2019 faced criticism after he announced that he would relocate his firm's global head office to Singapore. | Sir James had in 2019 faced criticism after he announced that he would relocate his firm's global head office to Singapore. |
This week he was also involved in a controversy over texting UK Prime Minister Boris Johnson over tax issues. | This week he was also involved in a controversy over texting UK Prime Minister Boris Johnson over tax issues. |
Labour calls for probe into PM-Dyson texts | Labour calls for probe into PM-Dyson texts |
Dyson to move head office to Singapore | Dyson to move head office to Singapore |
Dyson buys Singapore's 'biggest penthouse flat' | Dyson buys Singapore's 'biggest penthouse flat' |
A Dyson spokesman declined to comment on Sir James' residence and tax status but did say: "The structure of the group and the business rationale underpinning it are unaltered." | A Dyson spokesman declined to comment on Sir James' residence and tax status but did say: "The structure of the group and the business rationale underpinning it are unaltered." |
"Singapore is, and remains, the global headquarters of Dyson, our leadership team is based here and it is the centre of our sales, engineering and manufacturing operations," he said. | "Singapore is, and remains, the global headquarters of Dyson, our leadership team is based here and it is the centre of our sales, engineering and manufacturing operations," he said. |
A prominent supporter of Brexit with an estimated fortune of more than $20bn, Sir James was criticised after the announcement in 2019 that Dyson was moving its headquarters to Singapore from Malmesbury in Wiltshire. | |
At the time, the company said just two senior executives would be relocated and no jobs would be lost in the UK as a result of the move. | At the time, the company said just two senior executives would be relocated and no jobs would be lost in the UK as a result of the move. |
Starmer: Is it right to change tax rules for Dyson? | Starmer: Is it right to change tax rules for Dyson? |
Sir James has this week been at the centre of a political row in Britain after it was revealed that he texted Boris Johnson in March last year to get assurance that his staff would not face a change in their tax situation if they came to the UK to help make ventilators in response to Covid-19. | Sir James has this week been at the centre of a political row in Britain after it was revealed that he texted Boris Johnson in March last year to get assurance that his staff would not face a change in their tax situation if they came to the UK to help make ventilators in response to Covid-19. |
The texts - seen by the BBC - show Mr Johnson saying he could "fix" tax issues relating to Dyson staff who came to the UK to work on the pandemic. | The texts - seen by the BBC - show Mr Johnson saying he could "fix" tax issues relating to Dyson staff who came to the UK to work on the pandemic. |
But the prime minister's official spokesman said Mr Johnson had abided by the ministerial code, governing conduct in office, and had "informed officials in a timely manner" after his contact with Sir James. | But the prime minister's official spokesman said Mr Johnson had abided by the ministerial code, governing conduct in office, and had "informed officials in a timely manner" after his contact with Sir James. |
Labour has called for a "thorough investigation" into Mr Johnson's contacts with Sir James. | Labour has called for a "thorough investigation" into Mr Johnson's contacts with Sir James. |