Billionaire who claimed “Brexit would make us richer” creates hundreds of jobs – in Asia

Billionaire Sir James Dyson who campaigned for Brexit on the grounds that it would “make us richer” has just announced he is creating hundreds of jobs – in Asia.

The entrepreneur condemned Remain campaign claims before the referendum that British exports would fall in the aftermath of a vote to quit the union as “absolute cobblers”, saying Britain would actually be £18.5 billion better off every year if voters back Brexit.

But following Dyson’s decision to move 500 jobs to Malaysia in 2002, the company has just invested £300 million in a new research and development centre – in Singapore.

Clearly struggling to put his money where his mouth is Sir James said that his firm’s products were still British engineered when he decided to move jobs out of Britain. But that is all about to change.

The “Technology Centre” in Singapore will give Dyson the capability to create a “24-hour research and development cycle” and is its first research and development site outside of the UK.

The investment will see 200 jobs been created at the centre to add to the 1,000 already employed in the region, all from a man who campaigned to make Britain rich again following a vote to leave the European Union.

A spokesperson for Dyson commented: 

Dyson commented that the reason for the 2002 move was due to planning permission in the local area, which the company was refused. According to sources at the firm if Dyson had remained in Britain we would not be employing the number of people they are today –  some 9,000 people around the world in 75 markets.

Dyson employs 3,500 engineers and scientists of which half are in Britain. It also employs 2,500 people in highly skilled jobs in Malmesbury, Wiltshire, with a plan to double its engineering numbers by 2021.

Dyson says there is a dearth of engineering skills in Britain, whereas there isn’t in Singapore.

But to combat the issue in Britain, James has set up a foundation – known as the James Dyson Foundation – to encourage more young people to go into engineering as a career. This was set up in 2002 and has invested £65 million since it was founded. It is heavily focused on Britain.

To further attempt to fill the engineering skills gap in Britain – Dyson has just announced the opening of the Dyson Institute of Technology. The students will not only earn a salary but their tuition towards the engineering degree will be free.

In September 2016 Dyson opened its new £250 million 56 acre Technology Campus in Wiltshire, England. The new facilities provide 129 laboratories for future product development, with over 200 live technology projects as well as 50 active research programmes with 40 universities around the world. The Campus employs 2,500 Dyson people, and will be home to the Dyson Institute of Technology when it opens in September 2017.

The ambition for the Tech Centre in Singapore is to allow Dyson to bring technology to market quicker, growing the company, and ultimately this will allow us to employ more people, globally.

Dyson is currently spending £7m a week on R&D this year.

Dyson employed 1,261 people in the UK last year and plan to employ many more this year.

23 Responses

  1. Pooletyke

    And the Billionaire who supported remain doesn’t even live in the UK or europe, but on his own private island. Mr Branson. Let’s have some balanced reporting please.

    1. Alpha Remoaner

      Mr Branson already employs in the UK, and around Europe and the world. He chooses to not live in the UK, but he is one person.

      Mr Dyson has decided to move an entire R&D department of 800 people out of the UK.

      Also Mr Dyson once supported joining the Euro, and he spends most of his time in France – not the UK.

      Maybe check your facts please?

      1. Giles Hudson

        I can find nothing nothing in the media that mentions that “Mr Dyson has decided to move an entire R&D department of 800 people out of the UK” ?

    2. Chris

      What the hell are you on about? Branson has his HQ in UK. He owns an Island too. So what has that to do with Brexit? Doesn’t make any sense at all

  2. JOhn Smitz

    Given that he’s just spent the last 2 years doubling the size of his research centre, at his UK head office, and is looking for 3,000+ new staff (mainly engineers and designers) for the new facility, I suspect this is mis-reporting and the Singapore Centre is in addition to UK growth and investment. He’s also got his UK site accredited as a University to train engineers with the first intake of 25 students (who get free education whilst working at Dyson) is scheduled for September 2017.

  3. Special Snowflake

    Classic Trump tactic, just direct abuse at someone else. Dyson is a hypocrite, whatever Richard Branson does will not change the fact that Dyson is a hypocrite.

  4. Arthur

    Does Dyson seriously expect us to believe that he could not find skilled staff in the EU out of a population of 500m people? He has set up in Singapore because it is cheaper. That is how much he really cares about the UK. The reason Dyson dislikes the EU is because they keep introducing regulations to reduce the power consumption of consumer appliances. The man is a total hypocrite.

    1. majestic whine (@majestic_whine)

      Singapore might be a lot of things but one thing is isn’t is cheaper than the UK. Wages and rents are extortionate plus you wont get much change out of a tenner for a pint of beer in a bar there.

  5. Lbennett

    I thought he lived just up the road from us. Who is that passes our window in a ferrari travelling between Dyrham Park and Malmesbury?

  6. Paul Keene

    And I quote:

    “Dyson says there is a dearth of engineering skills in Britain, whereas there isn’t in Singapore.

    But to combat the issue in Britain, James has set up a foundation – known as the James Dyson Foundation – to encourage more young people to go into engineering as a career. This was set up in 2002 and has invested £65 million since it was founded. It is heavily focused on Britain.

    To further attempt to fill the engineering skills gap in Britain – Dyson has just announced the opening of the Dyson Institute of Technology. The students will not only earn a salary but their tuition towards the engineering degree will be free.

    In September 2016 Dyson opened its new £250 million 56 acre Technology Campus in Wiltshire, England. The new facilities provide 129 laboratories for future product development, with over 200 live technology projects as well as 50 active research programmes with 40 universities around the world. The Campus employs 2,500 Dyson people, and will be home to the Dyson Institute of Technology when it opens in September 2017.”

    This doesn’t read like the headline which suggest Dyson is two-faced. Most businesses the size of Dyson will have operations in different countries for strategic reasons and this is clearly the case here.

    I understand that headlines are often written by a different person (usually an editor) who is trying to push their own agenda. Is this the case here? If so, it isn’t a very good start for a website which purports to tell “the truth”.

  7. And I quote:

    “Dyson says there is a dearth of engineering skills in Britain, whereas there isn’t in Singapore.

    But to combat the issue in Britain, James has set up a foundation – known as the James Dyson Foundation – to encourage more young people to go into engineering as a career. This was set up in 2002 and has invested £65 million since it was founded. It is heavily focused on Britain.

    To further attempt to fill the engineering skills gap in Britain – Dyson has just announced the opening of the Dyson Institute of Technology. The students will not only earn a salary but their tuition towards the engineering degree will be free.

    In September 2016 Dyson opened its new £250 million 56 acre Technology Campus in Wiltshire, England. The new facilities provide 129 laboratories for future product development, with over 200 live technology projects as well as 50 active research programmes with 40 universities around the world. The Campus employs 2,500 Dyson people, and will be home to the Dyson Institute of Technology when it opens in September 2017.”

    This doesn’t read like the headline to me. Most businesses the size of Dyson will have operations in different countries for strategic reasons. I don’t think the body of the article suggests that he is two-faced at all.

    I understand that the headlines are often written by a different person (usually an editor) who is trying to push their own agenda. If this is true here, it isn’t a very good start for a website which purports to tell “the truth”.

    BTW, I posted this earlier tonight but it seems to have “disappeared”.

  8. Sean

    Very misleading headline. A read through the article is actually a ringing endorsement for Dyson and his commitment to the UK and UK workers, though there’s no evidence for his claim we’ll be 18.5 billion a year better off out of the EU. For the record, I’m a UK business owner, I voted remain and I still believe we should remain.

  9. abigdoob

    “Dyson employs 3,500 engineers and scientists of which half are in Britain. It also employs 2,500 people in highly skilled jobs in Malmesbury, Wiltshire” (so 4250)
    “Dyson employed 1,261 people in the UK last year”

    These can’t both be correct?

  10. The headline is strictly speaking correct but, perhaps becasue of shortage of space, misleads by omission.

    His claim that Britain would be £18.5Bn better off is misleading by confusing amounts with percentages. The actual amount is rather less than 3% and is probably plucked from thin air then quoted by Dyson.

    It seems he is trying to create more jobs and stimulate industrial research in England but I disagree with his statement that there is a lack of engineering skills in the UK: Ageism may account for some of his problems in finding workers. Either way I would like to see his evidence. It is certainly not true for software engineering where, according to an international survey I read, salaries in London have fallen (https://hired.com/state-of-salaries-2017) and it seems likely across the rest of the UK – something I noticed from following job adverts. I am alsw aware of at least one good engineering graduate unable to find work in their field

    I would not call it FAKE NEWS, though it seems like the spin the mainstream media put on everything during the Scottish Independence Referendum.

  11. david blackledge

    When he opened his Malaysian arm he made quite a few redundant in this country. Moving skilled jobs to Malaysia. Only him employing people gets mentioned not the redundancies. Master of spin. His massive mansion Is just up the road from Malmesbury so he does live in the UK.

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