Billionaire entrepreneur Sir James Dyson has moved his address to the UK, two years after relocating to Singapore. ... The inventor has consistently said that the move had nothing to do with the UK's decision to leave the EU and made commercial sense because many of Dyson's future customers would be in Asia.
Why did Dyson move to Singapore?
Reasons cited were lower manufacturing costs and greater access to the growing Asian markets, though Singapore's recent free trade deal with the EU and the risks of relying on UK supply chains in the event of a disorderly Brexit are also thought to be dominant factors.
Did Dyson go out of business?
Dyson is no longer manufacturing full-size, plug-in vacuum cleaners. The company will focus on smaller, battery-powered models and air purifiers.