The rise of Yang Tengbo: what were his UK businesses?
Share:
Yang’s first firm was described as a tour operator; 17 years later he was in business with an adviser to Prince Andrew. During his time in the UK, Yang Tengbo created and operated a range of entities, interests and trade associations. The most intriguing is a company with a direct connection with one of Prince Andrew’s closest advisers.
![[David Pegg]](https://i.guim.co.uk/img/uploads/2020/01/22/David_Pegg.png?width=75&dpr=1&s=none&crop=none)
In 2005, three years after he moved to the UK, Yang set up his principal company, Hampton Group International. Originally called Newland UK, its earliest accounts describe it as a tour operator rather than any form of consultancy. It appears to have been a quiet success, with an annual turnover of £1m just five years into its operations.
Newland changed its name to Hampton in 2020. Although by this time it had stopped reporting its turnover, its balance sheet suggests it remained financially very comfortable, with £7m in assets, almost half of which was cash. It was two years later that Yang went into business with an associate of Prince Andrew.
Dominic Hampshire is described in the immigration tribunal judgment against Yang as a “senior adviser” to the Duke of York. He was previously a director of a company called Lincelles, reportedly intended to act as a trust fund for Andrew’s daughters. Lincelles was closed down in 2022, supposedly after never having conducted any business.
