Brexiteer Dyson's firm biggest British beneficiary of EU farming subsidy

Billionaire inventor Sir James Dyson. Photograph: Stefan Rousseau/PA Wire.

Billionaire inventor Sir James Dyson. Photograph: Stefan Rousseau/PA Wire. - Credit: PA

A company owned by one of Britain's richest men - and a leading voice in the pro-Brexit movement - has become the country's largest beneficiary of EU farming subsidies.

The Mirror reports billionaire - who has moved his bagless vacuum cleaner business to Singapore - saw £3.7 million of EU money invested into his farm.

It brings the total amount of money provided by the bloc to Beeswax Dyson to £8.7 million since the 2016 vote.

That is despite the Brexiteer's fortune estimated to be £16.2 billion.

Ian Bateman, a professor of Environmental Economics at Exeter University, said: “It’s outrageous that this system has persisted for so long, paying the most to the biggest landowners, irrespective of the public benefit.

“It’s been wonderful for the rich, but not for the average and poor farmers.”


You may also want to watch:


A spokesperson for Dyson said the farming operations employ more than 160 people, and his contribution through import duties "dwarfs" any subsidy received for farming.

Most Read

Become a Supporter

The New European is proud of its journalism and we hope you are proud of it too. We believe our voice is important - both in representing the pro-EU perspective and also to help rebalance the right wing extremes of much of the UK national press. If you value what we are doing, you can help us by making a contribution to the cost of our journalism.

Become a supporter
Comments powered by Disqus