profile

James Dyson: From Brexit to Covid, how vacuum tycoon keeps finding himself at the centre of British politics

First he backed Brexit, then relocated to Singapore. Now messages have emerged showing Sir James Dyson lobbying Boris Johnson about tax. Sean O’Grady looks at how the entrepreneur became politicians’ ‘go to’ for British innovation

Monday 26 April 2021 00:45 BST
Comments
The entrepreneur made his fortune after founding Dyson Ltd in 1991 and starting to make and sell his products himself
The entrepreneur made his fortune after founding Dyson Ltd in 1991 and starting to make and sell his products himself (AFP/Getty)

Sir James Dyson is a remarkable man. At a youthful 73, he is the richest person in Britain, with a net worth of about £16bn. For purposes of scale, Bill Gates is worth about 10 times as much, but that’s still not bad for the son of a public schoolmaster in Norfolk with no great wealth behind him. His name is now synonymous with easier vacuum cleaning, and instantly recognisable, like Hoover; what is more, he has the phone number of the prime minister, and is not afraid to use it.

When the pandemic struck last year and the government realised it didn’t have enough ventilators to cope with the caseload, it panicked. As the general “go to”, “can do” British engineer and designer, Dyson was asked to help and he readily agreed. He’d been in touch with the authorities about making a new design of ventilator, using Dyson’s existing technologies and component supply chains, and in partnership with JCB and Cambridge science engineers TTP, another British success story sympathetic to Boris Johnson. However, it seems the project ran into the early problem of what would happen if Dyson and his team stayed in the UK for longer than they had planned, away from the company’s operations in Singapore and Malaysia.

If they did so, they would become liable for (higher) UK taxation. With bureaucratic resolution moving slowly, Dyson appealed directly to the prime minister. As “first lord of the Treasury”, as Johnson declared, he would “fix it”. In due course, the chancellor, Rishi Sunak, suspended the usual residency rules. As we learned this week, No 10 and Treasury officials may not have been aware of the details of the lobbying exercise, even though there may have been nothing wrong with it, and, as the prime minister pleads, he was trying to move heaven and earth to get his hands on those ventilators – an effort he once referred to, in poor taste, as “Operation Last Gasp”.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in