Quote:
Britain is set to lose tens of millions of pounds in tax revenues after Sir James Dyson, one of the country’s most prominent Brexit supporters, announced plans to relocate the headquarters of his company to Singapore.
The business said that Asia was now the main focus of its activities and that it should be regarded as a “global technology company”.
The move is likely to cost the government up to £60 million a year in lost corporation tax revenues.
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£60 million a year from just one business . . . it makes you wonder how much has been lost over the years since manufacturing was 'thrown out' by previous Governments who decided the financial sector was a better option
