The company, best known for its vacuum cleaners and other domestic appliances, is working on developing an electric vehicle in the Asian nation
Brexit-backing businessman Sir James Dyson is to relocate the Dyson head office from the UK to Singapore.
The bombshell announcement will mean Dyson is no longer a British registered company and Singapore will become its main tax base.
Billionaire Sir James was one of the loudest business supporters of Brexit at the 2016 referendum and when the talks stagnated in 2017 he urged Mrs May to 'walk away' and embrace leaving Europe.
Despite the firm's insistence the relocation is not to do with Brexit, it is acutely embarrassing to Leave supporters.
And it comes amid mounting concern that a no deal Brexit could be disastrous for British manufacturing - particularly in the motor industry.
Remain supporters lashed Sir James, 71, for 'staggering hypocrisy' and warned it was 'damning for the Government'.
Told by MailOnline the news about Dyson, one Brexiteer Cabinet minister grimaced and said simply: 'Oh.'
It is the second blow Dyson has dealt to Brexit Britain after last year's announcement that it will manufacturer its new electric cars in Singapore, rather than the UK.
In justifying the move, chief executive Jim Rowan dismissed the idea of Brexit and lower taxes being a motivation.
'The move is nothing to do with Brexit or tax, it's about making sure we are future proofed. There are huge revenue opportunities in Singapore, China is the poster child of that,' he said.
'The tax difference is negligible for us, we are taxed all over the world and we will continue to pay tax in the UK. We will continue to invest in the UK, in Malmesbury, in Bristol and London.'
Mr Rowan confirmed that Sir James was integral to the decision to ditch Britain.
The decision comes just weeks after Foreign Secretary Jeremy Hunt visited Singapore as he talked up Britain strengthening ties with the country.
Theresa May was warned today the Dyson move was 'damning for the Government' amid mounting concern about the future of British industry
Two of Dyson's senior executives will move to Singapore initially, with the head count to grow over the coming years.
Around 3,500 people work for Dyson in the UK, part of a workforce of around 12,000 worldwide. Relocating the HQ will not cut staffing, the firm insisted.
The company, best known for its vacuum cleaners and other domestic appliances, is working on developing an electric vehicle in the Asian nation.
The firm said in a statement: 'An increasing majority of Dyson's customers and all of our manufacturing operations are now in Asia; this shift has been occurring for some time and will quicken as Dyson brings its electric vehicle to market.
'We are now at a point where Dyson's corporate head office will relocate there to reflect the increasing importance of Asia to Dyson's business.'
But having one of Britain's most successful manufacturers quit the UK comes at a sensitive time, with several car makers including Nissan, Ford and Toyota warning about the rising prospects of a no-deal Brexit, which would jeopardise their operations in the country.
Liberal Democrat Layla Moran, a supporter of the Best for Britain anti-Brexit campaign, said: 'This is staggering hypocrisy for Brexit-backing businessman James Dyson.
'It is utterly unbelievable that the business face of Brexit is moving yet another part of his business out of the UK.
'James Dyson can say whatever he wants but he is ditching Britain. This can only be seen is a vote of no confidence in the idea of Brexit Britain.
'Rather than fleeing can I suggest he maybe donates to the final say campaign to mop up some of the disaster he helped create. This is a damning for the government.'
Labour MP Jo Stevens, who wants a 'People's Vote' on Brexit, said: 'Many leading Brexiters trumpeted Dyson as a model for how businesses in post-Brexit Britain could thrive, but the reality of Brexit is jobs being outsourced, companies leaving and investment drying up.
'What's is clear is that the Brexit proposed looks nothing like the one that was promised to people in 2016. That's why a People's Vote is the only way forward, so that the public can have the final say.'
Remain supporter Layla Moran (file) lashed Sir James for 'staggering hypocrisy' and warned it was 'damning for the Government'
MPs Dominic Grieve (pictured left) and Yvette Cooper (pictured right) have revealed their plot to water down Brexit by tabling amendments which overturn over 100 years of Commons procedure to try to hijack the debate
Dyson was keen to stress its commitment to Britain, pointing out that it is investing £200 million in new buildings and testing facilities at its campus at Hullavington Airfield.
The company bought the disused airfield two years ago and has already renovated two hangars at the 517-acre site.
The announcement was made alongside Dyson's full year results for 2018, when profits topped £1 billion for the first time.
Turnover rocketed 28 per cent to £4.4 billion and profits jump 33% to £1.1 billion, with Mr Rowan pointing to the success of products such as its Supersonic hairdryer.
In 2014, when Dyson promised £1.5bn of invest in the UK, then prime minister David Cameron said: 'Dyson is a great British success story and the expansion of the Malmesbury campus will create thousands of new jobs, providing a real boost to the local economy and financial security for more hardworking families.
'Investment on this scale shows confidence in our long-term economic plan to back business, create more jobs and secure a brighter future for Britain.
'Dyson is a company looking to the future, and its continued investment in developing technology will help to cement its leading role on the global stage.'
The row comes in another day of twists and turns in the Brexit row rocking Parliament.
Remainer MPs revealed their plots to delay, water-down and even block Brexit as they tabled amendments to the PM's Brexit statement, which will be voted on next Tuesday.
No10 is on high alert for a fresh wave of ministerial resignations after sources confirmed that they will order their MPs to vote against a Bill tabled by Yvette Cooper to delay Brexit for nine months.
Cabinet Remainer minister Amber Rudd warned up to 40 ministers could quit in fury if the PM blocks the free vote.
Tory MP Dominic Grieve and Labour's Yvette Cooper have tabled Brexit amendments which will be voted on in a crunch Commons showdown next Tuesday.
Ms Cooper's amendment would suspend parliamentary rules to allow Bills tabled by backbench MPs to have priority over government business.
This would pave the way for her Bill to delay Brexit by extending Article 50 by another nine months to be debated.
Mrs May gathered her Cabinet at No10 this morning where Foreign Secretary Jeremy Hunt urged her to press ahead with her plan to secure fresh concessions from the EU on the hated Irish backstop.
A series of amendment have been tabled ahead of the next round of showdown votes in the Commons as Parliament wrestles with the Government for control of Brexit
https://hienalouca.com/2019/01/22/james-dyson-relocates-to-singapore-despite-voting-for-brexit/
Main photo article
The company, best known for its vacuum cleaners and other domestic appliances, is working on developing an electric vehicle in the Asian nation
Brexit-backing businessman Sir James Dyson is to relocate the Dyson head office from the UK to Singapore.
The bombshell announcement will mean...
It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.
Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.
Dianne Reeves Online news HienaLouca
https://i.dailymail.co.uk/i/newpix/2019/01/22/16/4445028C00000578-6619953-image-a-11_1548173538764.jpg
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