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I'm sure he made that decision unilaterally and completely bypassed the board of directors, shareholders who would think they might want a return eventually.
It's a private family-owned company.
iirc the way power was measured did not actually relate to energy used. ie he claimed his design produced more power at a lower energy usage than his competitors.
Watts different about the energy he used?
Watts different about the energy he used?
Half an hour using a 1000w hoover or an hour using a 500w hoover.
Which would you prefer?
It's a private family-owned company.
your correct , that I never knew
Which would you prefer?
That's my whole point. If he fell within the regs, he didn't have a problem, and just the same as everyone was screwed too. Why using less energy becomes a single manufacturer being screwed is incorrect.
That's my whole point. If he fell within the regs, he didn't have a problem, and just the same as everyone was screwed too. Why using less energy becomes a single manufacturer being screwed is incorrect.
So you didn't bother reading the linked article then.
Personally, I love our hand-held rechargeable Dyson vacuum cleaner; it's just so easy to get out and do a quick 10-minute hoover. I actually don't mind doing it now, whereas I'd previously had to be forced/bullied/bribed/blackmailed into doing it. The more powerful upright Dyson my wife insists on keeping rarely comes out, and the Henry lives in the cellar/workshop, and whilst very powerful, is a downright cumbersome beast to use round all the furniture etc.
"Example:Typical order to a manufacturer in the EU: lots of work and documentation for 10 kilos of product shipped. Result = loss.
Typical order to a manufacturer in Nigeria, Brazil, Russia, Turkey: 1,000 kilos to 18,000 kilos shipped. Result = happiness."
Yeah, let's not worry about human rights, inequality, environmental concerns, facilitating nasty corporations, as long as we can have cheap stuff, eh?
Half an hour using a 1000w hoover or an hour using a 500w hoover.Which would you prefer?
A Miele.
nickjb - MemberAs I said he's probably done more than anybody in recent years for UK manufacturing. He's done that by supporting UK engineering graduates and undergraduates. Huge support for students in bath, bristol, Cambridge and Brunel. Loads of student engineering prizes and bursaries nationwide, support for patent applications. Bigger picture, long term stuff.
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Jaguar Land Rover have done substantially more and are still manufacturing in the UK as are BMW Mini, Airbus, BAE systems, Rolls Royce, Alstom and countless others.
Oh and for balance, Miele manufacture in Germany, the Czech Republic, Hungary and China.
Dyson is a highly successful manufacturing entrepreneur. The only really successful one in the UK in the last 20 years I would say. As someone with a global business he saw how the EU acts like a straightjacket, it is about protectionism.
As the OP was pointing out the Remain camp tried to intimidate Leavers by branding them racists, they had no otherreal arguments as the EU is either deeply flawed (optimistic stance) or totally dysfunctional. As such all they where left with was insults.
Junker spoke today and once again an EU Army has come to the fore, a parrell structure to NATO as the US cannot be trusted. More madness.
Where do the engineers in those companies from? I'll be willing to bet a lot have had support from Dyson somewhere in their career. I know that is true for some of the Bristol based companies you list. Also are many of those UK companies? A bit of manufacturing but the big money leaves the country.Jaguar Land Rover have done substantially more and are still manufacturing in the UK as are BMW Mini, Airbus, BAE systems, Rolls Royce, Alstom and countless others.
A bit of manufacturing but the big money leaves the country.
Isn't the point that these are global companies manufacturing successfully within the UK? It does rather undermine Dyson's arguments about costs and bureaucracy.
Where do the engineers in those companies from? I'll be willing to bet a lot have had support from Dyson somewhere in their career. I
All of the above companies have larger and more established Graduate Training programs than do Dyson. They also support degree courses all over the country, providing support and industrially linked research projects for BEng and MEng programs. They also have a more exciting product portfolio. Dyson have a larger starting salary for a reason.
Largely high tech companies, using skilled, trained workforce. The training of these sort of people he supports personally and through the Dsyon foundationIsn't the point that these are global companies manufacturing successfully within the UK?
Can't say I agree with him on that point especially but its hard to argue that the costs for low skilled manufacture isn't cheaper overseasIt does rather undermine Dyson's arguments about costs and bureaucracy.
Largely high tech companies, using skilled, trained workforce. The training of these sort of people he supports personally and through the Dsyon foundation
It's a mix, surely? We have a substantial car production sector, for example, which is going to have all kinds of roles.
Can't say I agree with him on that point especially but its hard to argue that the costs for low skilled manufacture isn't cheaper overseas
I don't disagree, but note that plenty of consumer goods manufacturers are able to operate successfully within the EU. I'd have more time for him if he was honest enough to admit that he moved production because it increased his profit margin.
"As the OP was pointing out the Remain camp tried to intimidate Leavers by branding them racists"
Which many of them actually are. Or at the least, ****ing ignorant selfish ****s.
Had most of those voting Leave actually understood the full implications of Brexit on themselves personally, they wouldn't have done so. Whilst there may have been one or two reasonable arguments for Leave, the vast majority of proponents were/are grossly ignorant of this, and succumbed to emotive xenophobic propaganda. A lot of turkeys voted for Christmas.
"I would say"
You'd say a lot of things Jamba. Not many of them would make much sense.
As I said he's probably done more than anybody in recent years for UK manufacturing. He's done that by supporting UK engineering graduates and undergraduates.
The employment of homegrown graduates while laudable is but a small section of the overall population.
I suspect that once he gets to cherry-pick the cream of Indian, Chinese and other Asian engineering graduates the support of home-grown talent will go the same way as the production facilities.
His net worth is £5 billion, up from £3 billion two years ago. So on £2 billion of increased wealth he's paid a tax rate of ~1%.
My house has gone up in value by £100k in the past few years. I've not paid a penny tax on that 'increase'. If value of company assets has risen there is no reason he should have had to pay taxes so 1% isn't potentially 'bad' per se.
Yes, if that was all he did it would indeed be a pretty small contribution. Luckily it isn'tThe employment of homegrown graduates while laudable is but a small section of the overall population.
Among the 54 billionaires resident in 2006 (the most up-to-date figures) a total of £14.7m was paid in tax. Mr Dyson alone paid £9m of that
His net worth is £5 billion, up from £3 billion two years ago. So on £2 billion of increased wealth he's paid a tax rate of ~1%.Feel the value. (Quick and dirty maffs, but I bet he's not paying roughly 35% like most people).
Slightly odd maffs to be doing for a couple of reasons:
1) Hard to see the relevance or connection between his increase in wealth over the last two years and the amount of tax he paid in 2006
2)Increase in wealth and income are not (necessarily) the same thing - your point assumes that he received £2bn income. If the shares he holds in Dyson and any property he owns increased in value then his wealth (net worth) does, but there's no tax until he cashes it in (sells the shares / property, incurs capital gains tax liability). I'm sure there's plenty of people here with homes that have increased in value over time, but no one's had a tax bill on the back of it..
they had no otherreal arguments as the EU is either deeply flawed (optimistic stance) or totally dysfunctional.
By that logic, my car had a puncture this morning, so I set it on fire.
Doesnt he use offshore trusts in taxhavens including Malta and the Channel islands?
no doubt its all legal tho
He got screwed over by some eu regulations, and he had a point, iirc something to do with energy efficiency of vacuum cleaners.Because saving energy is getting screwed over, why?
According to a [i]truly thrilling[/i] trade magazine article James Dyson complained that the EU tests for vacuum cleaner energy efficiency were unfair and prejudiced against his companies machines in particular.
He reckoned that because Dyson vacuums don't lose suction as they fill with dirt that all the machines with conventional bags should be tested half full to give more accurate results.
He did actually go a bit further and accuse "the Germans" of trying to get back at Britain for "the war". That's a better basis for accusing him of bigotry than his views on the single market.
I will try to dig out the magazine.
I don't think he's a very nice person. He has created a bit of a cult of personality at Dyson, and I think that actual, usable innovation from his army of engineers is disappointing. I have a Dyson vacuum cleaner (my third) and it is worse in almost every way than the first DC02 I had way back. It has so many problems with its usability, where function has been sacrificed just to make it look a bit more like a spaceship. And I seem to recall his main justification for Brexit was that he'd be able to employ fewer expensive European (including British) engineers and more cheap Chinese ones. I'm not a fan (or even an Air Multiplier(TM)).
You don't know him, how come you think he's not a nice person. His main justification for brexit is the lack of UK and EU engineers and he wants to cast his net wider but can't. The EU is great if you want to employ cheap unskilled labour to dig up your cabbages - it's not so great if you want highly skilled engineers. Free movement of labour (a principle I'm in favour of) has in reality driven down wages. It's obviously and natural that if the EU creates barriers for his business then he's going to be against it. How do you reconcile a union of 27 nations with countries like Bulgaria and Romania on one end and Germany and the UK at the other - it was always going to be a race to the bottom. At least his opinions on the matter are based on his real experiences of the EU unlike the vast majority of other people on either side.
The only bigots around here are those who think that a British company can't employ people from other countries or set up factories in other countries around the world. Dyson's company is about design and engineering, not manufacturing. Manufacturing is a an annoyance for him and other countries can manufacture things better and cheaper than the UK.
The only bigots around here are those who think that a British company can't employ people from other countries or set up factories in other countries around the world.
Some of us think Dyson's stated reasons for not manufacturing in the UK don't stand up to scrutiny. That's all.
[i]His main justification for brexit is the lack of UK and EU engineers and he wants to cast his net wider but can't.[/i]
again, How is EU membership stopping him recruiting from further afield?
Migration from non-EU countries is solely controlled by the UK government.
wobbliscott - Member
You don't know him, how come you think he's not a nice person.
I do know a number of people who have worked for him, or with him in various capacities. So while I don't have direct experience, I have some knowledge. Do you have any evidence that he [i]is[/i] a nice person?
I am glad that he employs a lot of engineers. On the evidence of his product line I don't think he is making the best possible use of their skills. Outsourcing manufacturing to Malaysia was a cop-out, enabling him to profit from not only the cheap labour but also the considerably more lax HSE environment. As others have pointed out there are people who have proved that you can make manufacturing work in this country - it's a shame he didn't direct his alleged talents to making that work for him.
Yes, that sounds like a much better use of his time, money and resources. Much better than fannying around with engineering research centres, student training facilities and the like. A couple of hundred unskilled workers could have jobs right now!it's a shame he didn't direct his alleged talents to making that work for him.
I don't think the two are mutually exclusive, and I'm slightly surprised that you seem to think so. In any case it would be more likely to provide jobs for a few tens of rather highly skilled robots, and some highly skilled people to look after them.
My friend had to either attend to some flood or fire damage at Dyson's house.
He used a Henry Hoover and Dyson' saw him doing it.
Fight The Power.
I also went past his house on a boat and I called him a ****er. He wasn't within earshot or probably even at home.
Fight The Power
Junker spoke today and once again an EU Army has come to the fore, a parrell structure to NATO as the US…
Seems wise. The EU needs to prepare for a Trump win, or more likely a win by another "America First" candidate in 5 years time. To assume US protection for ever more, for all EU states, seems short sighted. The way things are going, I'm not sure they can even expect us to offer any protection long term either…
Back on topic. Given up on the clever, but fragile, Dyson for a no nonsense Nuvac.
OP you are of course a better businessman, entrepreneur and company leader than Dyson? You dobt think that hw has a better understanding of global commerce than you and politicians whose attention span is measured in soundbytes (all of them). I'm struggling to qualify Dyson to any point on your thread title.
Why do I have to suffer this, crap from the Guardian online and the odd Facebook poster?
Are the Leavers still being branded as racists? Jesus wept, get a grip, man up, stop crying and get on with it.
I voted leave and I am not a racist. I didn't think anything Dyson said was racist, he just had a problem with the way the EU is, as do the majority of the voters.
The UK has not collapsed because of the Brexit result and is unlikely to do so.
Do the remainers all imagine themselves to be enlightened beings with a greater understanding than anyone who voted leave?
We are better out of the failed socialist experiment.
Do the remainers all imagine themselves to be enlightened beings with a greater understanding than anyone who voted leave?
We are better out of the failed socialist experiment.
Well, you've convinced me.
Or, perhaps you've said nothing at all.
Again.
Do the remainers all imagine themselves to be enlightened beings with a greater understanding than anyone who voted leave?
I don't know what "they" believe of themselves, but many demonstrably [i]do [/i]have a greater understanding.
Like I said earlier, whatever beef you may have with the EU, "brexit" is like setting your car on fire because you have a puncture. As bad as the EU may or may not be, we're blatantly worse off out.
Didn't think Dyson was racist in that article, either disingenuous (lying?) or a bit thick if he believes you can't hire non-EU nationals now.
More Brexit lies. They just don't stop do they?
Anyway, I've decided going forward not to buy from Brexiteers where ever I can avoid it. I'm sure he won't notice.
If my car had a puncture it'd have a suitable repair to the tyre. £5 I think it is.
If I was in the EU I'd employ many people to manage, discuss this and then employ two tyre companies, one to replace and one to just standby and not do any work but a grant to keep them there. I'd then approach other tyre companies elsewhere and offer them incentives to join and give them a grant to get them upto date with their equipment and enable them to undercut the other established tyre repair companies on price due to grants and staffing costs.
Being in the Brexit you'd have no idea what to do, no where to buy tyres from as no one will trade with you, so you'll put the old tyres back onto get the tyres on before realising no one could fit them as your local tyres fitters had those nasty immigrants working for them whilst also claiming benefits so you sent them home.
Do you really think brexit means no-one will trade with you? Are you hiding in a bunker with your tinned food scared witless?
No. I mean what I wrote. What do you think those engineers do? Ok they don't manufacture vacuum cleaners but they still use test equipment, machinery, etc which is often UK made and by higher tech industries. Basically manufacturing that is far more appropriate to the UK than production lines. Also his support of educaction including a massive building in Bath, engineering centre in cambridge and the hiring of graduates means there's a lot of engineers out there who owe a chunk of their career to him.
Pretty aware what engineers do, having worked for engineering companies for the last 25 years. I see that despite what you're saying, you're actually agreeing that Dyson has focused on engineering at the expense of manufacturing. I don't think that harms his legacy in engineering at all. I just find it a shame, as a pp states, that he couldn't do both. IME, that was a choice he made and it wasn't the correct one.
Do you really think brexit means no-one will trade with you?
No. But what price will have to be paid getting trade deals from elsewhere? I think the quit squad are still in complete denial about the difficulty of achieving this, let alone the economic, political and legal complexities of seperating ourselves from the EU.
We have a good deal being in the EU, hence the reluctance to invoke article 50. Pragamtism, which us Brits are supposedly renowned for, will win out.
As for dyson, he only keeps the research and development side of the business here because its where he is. And as mentioned before, the UK Government controls immigration from Non-EU countries.