Ineos has now moved its international headquarters back to the UK, six years after the chemicals giant fell out with then prime minister Gordon Brown and relocated to Switzerland.

In 2010, the Labour government would not let the company defer a £350m VAT bill, prompting the move to just outside Geneva.

For the past few years, rags-to-riches billionaire boss Jim Ratcliffe has been investing heavily in the UK.

In March the Mail revealed that he was mulling a return.

Yesterday the tycoon said this has now happened and that he might also enter the car market, resurrecting the Land Rover Defender which was discontinued earlier this year by Indian owner Tata.