Dyson moving HQ to Singapore

They have to register an office somewhere for legal/tax reasons

Bingo! Follow the money...

They have to register an office somewhere for legal/tax reasons, but to everyone else there won't be any noticeable difference.

It's just like the Panasonic scare story from August, the headline that the headquarters were moving meant 5 people were moving to a different office.

Dyson has steadily been moving production to Malaysia and Singapore since 2002. I guess the initial switch was because he knew he would switch HQs in 2019, on account of Brexit, and wanted to cover his back.

I really dont like dyson as a company so good riddance as far as im concerned
as a product design student i have heard a lot of stories from people who have done placement with them and they arent exactly good

People often tell me they were disappointed with their Dyson products in various ways.

There is at least one actual major difference.

Dyson will no longer be paying (one assumes) corporation tax in the UK, he will be paying it in Singapore. This is a major loss to the UK taxpayer.

His hypocrisy is stunning and kind of underlines the scheming, inhuman role that the billionaire class now plays on both the national and international level. It's a great pity that there isn't legislation to prevent major UK companies from simply flipping countries for their HQs like this.

There is at least one actual major difference.

Dyson will no longer be paying (one assumes) corporation tax in the UK, he will be paying it in Singapore. This is a major loss to the UK taxpayer.

His hypocrisy is stunning and kind of underlines the scheming, inhuman role that the billionaire class now plays on both the national and international level. It's a great pity that there isn't legislation to prevent major UK companies from simply flipping countries for their HQs like this.

It's to do with costs of production (lower labour rates in Malaysia) and the huge incentives that countries and regions push at billionaires and their megacorporations to relocate.

Malaysia has drastically lower living standards than the UK (roughly half of ours in terms of GDP per head) and so it's easy to see why he's keen to go there, as they have an increasingly well educated workforce and lots of cheap worker with few union rights and easy to oppress female workers.

We are dealing here with cynical and self-serving massive profit making and no interest whatever in the country that made him rich.

I mean from the inside, the workers not the consumers. There are better companies to work for is what im saying.

Sorry, yes I realised, I was adding an additional point, but I'm sure you're right about that.

Then that’s a sign we need lower rates in the UK, to be more competitive.

they are titting about with other things trying to make them look 'dyson'

Oh yeh i get you, yeh tbh their products are a bit overhyped for what they are, i feel like they've done all they can with the vacuum so now they are titting about with other things trying to make them look 'dyson' for no real reason and adding the price tag to match

he should make plucky British Brexit hoovers:

i) the Churchill.... it fights dust and fluff everywhere... it will never surrender

ii) the Prince Philip... it goes on and on at full speed

iii) the Theresa... a strong and stable machine. lets you take back control of your carpets

The Farage... drinks your beer, chortles loudly, wears a union jack, makes trouble in the kitchen cupboards, steals your booze and then runs off to Belgium.

he should make plucky British Brexit hoovers:

i) the Churchill.... it fights dust and fluff everywhere... it will never surrender

ii) the Prince Philip... it goes on and on at full speed

iii) the Theresa... a strong and stable machine. lets you take back control of your carpets