Prime minister Rishi Sunak – reportedly the richest MP in Parliament – would be a boon for the financial lobby, tax justice campaigners have warned.
Sir Chris Hohn, the fund's founder paid himself a record £343m in the first year of the pandemic. Last year, Sunak was heavily criticised for axing a £20-a-week increase to Universal Credit that had helped some of the poorest families through the pandemic. In media profiles, Sunak’s allies describe him as “immaculate”, “calm” and “organised”, qualities befitting of a former Winchester head of college.
Former chancellor throws his hat into the ring in race to succeed Boris Johnson.
“Let me tell you a story … I’m standing to be the next leader of the Conservative party and your prime minister,” he said. He has, however, experienced controversy over his wealth and tax affairs. Sunak resigned from Johnson’s government on Tuesday evening, saying the public expected government to be conducted “properly, competently and seriously”. His resignation, minutes after the departure of Sajid Javid as health secretary, helped spark the crisis that led to Johnson announcing on Thursday that he would quit as Tory leader.
Rishi Sunak has announced his candidacy for UK prime minister in the wake of Boris Johnson's resignation.
Sunak shared a campaign video on Twitter saying, 'Someone has to grip this moment and make the right decisions. That's why I'm standing to be the next ...
“We must now live with the fact that Boris Johnson will be prime minister until a successor can be voted on." Sharing a campaign video on Twitter, Sunak said, "Someone has to grip this moment and make the right decisions. Sunak shared a campaign video on Twitter saying, 'Someone has to grip this moment and make the right decisions.
Rishi Sunak, former chancellor, today launched his bid to become the next UK prime minister following Boris Johnson's resignation yesterday.
"She managed to find a job. "Someone has to grip this moment and make the right decisions. That's why I'm standing to be the next leader of the Conservative Party and your prime minister," Sunak said in a campaign video released on Twitter.
Exclusive: Participant condemns attempt to 'indoctrinate' voters and avoid blame for cost of living crisis.
“I’m standing to be the next leader of the Conservative Party and your prime minister. He has provided his name, but it cannot be disclosed because of the agreement he signed. Start your Independent Premium subscription today. By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice. By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice. The participant has told The Independent of his “disgust” over what he described as an attempt to frame an argument that the government could not have done more to prevent the crisis.
The former chancellor said he will restore trust following Boris Johnson's premiership.
It will then go to a final postal ballot of party members in the country. “Someone has to grip this moment and make the right decisions. “He remains Prime Minister until a new party leader is in place and the work of Government will continue while that takes place.” Mr Sunak had been resisting pressure from No 10 to cut taxes, arguing it would simply fuel rising prices. The former chancellor quit on Tuesday, helping to trigger an avalanche of ministerial resignations. “And the decisions we make today will decide whether the next generation of British people will also have the chance of a better future.”
Why it matters: Sunak's shock resignation Tuesday from the second-most powerful position in the British Cabinet helped trigger Johnson's ouster. The son of ...
Boris Johnson on Thursday announced his resignation as head of the U.K. Conservative Party, but promised to stay on as prime minister until a new party leader is chosen. In remarks outside 10 Downing Street, Johnson said this was a "painful" moment, and noted that he'd fought hard to avoid it. But he's joining a crowded field in what appears to be one of the most wide-open party leadership races in recent memory Background: The 42-year-old Sunak became a member of Parliament in 2015 after working for Goldman Sachs and a pair of hedge funds. Why it matters: Sunak's shock resignation Tuesday from the second-most powerful position in the British Cabinet helped trigger Johnson's ouster. Rishi Sunak, the former chancellor of the exchequer — or finance minister — launched his campaign Friday to replace Boris Johnson as leader of the Conservative Party and U.K. prime minister.
The former chancellor said he will restore trust following Boris Johnson's premiership.
It will then go to a final postal ballot of party members in the country. “Someone has to grip this moment and make the right decisions. “He remains Prime Minister until a new party leader is in place and the work of Government will continue while that takes place.” Mr Sunak had been resisting pressure from No 10 to cut taxes, arguing it would simply fuel rising prices. The former chancellor quit on Tuesday, helping to trigger an avalanche of ministerial resignations. “And the decisions we make today will decide whether the next generation of British people will also have the chance of a better future.”
Former chancellor vows to avoid 'comforting fairy tales' in sideswipe at Johnson's Panglossian approach.
The former chancellor vows to "rebuild the economy" as he enters the race to succeed Boris Johnson.
The Tory MP explained how his mother went on to run her own pharmacy, and met his father, a GP, in Southampton. His resignation and that of Mr Javid triggered a mass exodus of ministers and precipitated the downfall of Mr Johnson's government. In his resignation letter, Mr Sunak said "the public rightly expect government to be conducted properly, competently and seriously". Pointing to his credentials to be leader, Mr Sunak said he had run the "toughest department in government during the toughest times when we faced the nightmare of Covid". Announcing his decision to stand in a social media video, Mr Sunak said he wanted to "restore trust, rebuild the economy and reunite the country". Rishi Sunak has entered the race to be the next leader of the Conservative Party and prime minister.
The former chancellor said he will restore trust following Boris Johnson's premiership.
It will then go to a final postal ballot of party members in the country. “Someone has to grip this moment and make the right decisions. The former chancellor quit on Tuesday, helping to trigger an avalanche of ministerial resignations. “He remains Prime Minister until a new party leader is in place and the work of Government will continue while that takes place.” Mr Sunak had been resisting pressure from No 10 to cut taxes, arguing it would simply fuel rising prices. The absence of a clear front-runner has tempted a number of less-fancied contenders to step forward – with backbencher John Baron the latest to say he will be “taking soundings” over the weekend.
The former chancellor said he will restore trust following Boris Johnson's premiership.
It will then go to a final postal ballot of party members in the country. “Someone has to grip this moment and make the right decisions. “He remains Prime Minister until a new party leader is in place and the work of Government will continue while that takes place.” Mr Sunak had been resisting pressure from No 10 to cut taxes, arguing it would simply fuel rising prices. The former chancellor quit on Tuesday, helping to trigger an avalanche of ministerial resignations. “And the decisions we make today will decide whether the next generation of British people will also have the chance of a better future.”
Rows have broken out in particular over whether pregnant women should, for example, be called 'pregnant people' instead.
‘Under his leadership, sex education will be sensitive and age appropriate, so we enable children to have a childhood. ‘He wants to ensure women and girls enjoy the same freedom most males take for granted in feeling safe from assault and abuse. It comes as Tory strategists increasingly believe they have a chance to win the backing of female voters alienated by Labour’s vacillation on women’s rights, with leader Sir Keir Starmer struggling even to define ‘a woman’.
The pictures of Akshata Murty serving tea to journalists and photographers waiting outside her residence has been picked up by the Twitter users and it has ...
The price of that mug could feed a family for 2 days!!" Meanwhile, the photographs of Murthy's tea set unsurprisingly went viral on social media as netizens pointed out that the tea was served in Emma Lacey mugs which are priced at 38 pounds each ( ₹3,626), according media reports. This development comes as the ex chancellor Rishi Sunak had kept a low profile ever since his resignation amid the current political crisis in the UK government.
Posters all asked to tweet identical quote on why they backed former chancellor.
Start your Independent Premium subscription today. By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice. “Rishi is why we have record low unemployment today.
Rishi Sunak's slick video detailing his vision for Britain as Conservative leader and prime minister has raised eyebrows among potential supporters after ...
Former UK minister Rishi Sunak's wife and daughter of Infosys founder NR Narayana Murthy, Akshata Murthy, has landed into a twitter storm over teacups.
Can't believe Rishi Sunak spends £38 on mugs, Akshata Murthy millionaire trying to copy Bo Jo for? Sunak, then UK Chancellor, was criticism over the rise in taxes. The price of that mug could feed a family for 2 days!! Say what you want about walking tumble weed on legs but at least he had real mugs. Twitter users were quick to notice and claimed that the cups were from a brand named Emma Lacy and cost 38 pounds each. ☕️ After his shock resignation last night, Rishi Sunak's wife Akshata Murthy brings out a round of tea for journalists waiting for him to show his face.— ITV News Calendar (@itvcalendar) pic.twitter.com/Yt8ldN2aX9 July 6, 2022
Rishi Sunak announced his bid to become the UK's next Prime Minister and leader of the Conservative Party on Friday, a day after Prime Minister Boris ...
Both of them were fined by the Metropolitan police for attending Johnson’s birthday party in June 2020. It was discovered in April that she had non-domicile status in Britain and thus, did not pay tax in the UK on her overseas income. Sunak, who backed Boris Johnson’s Tory leadership election in 2019, was rewarded with the post of Chief Secretary to the Treasury that year. Sunak was reportedly criticised for not giving enough financial support to households during the Covid-19 lockdown. The 42-year-old Tory MP was born in the UK’s Southampton to Indian-origin parents. Sunak’s bid comes after a tumultuous week in the UK that culminated with Prime Minister Boris Johnson’s resignation on Thursday, a day before Sunak’s announcement.
It came as Tory MPs told The Independent that many of those who remained in government posts or accepted ministerial jobs this week were angry at Mr Sunak for ...
The Mail on Sunday reported that she will pledge to reverse Mr Sunak’s national insurance rise. They must get 10 per cent, 36 MPs, in the second round. A senior Whitehall source confirmed that the tax investigation is currently “unresolved”. Candidates must then get 5 per cent of the votes to stay in the running – 18 votes – during the first round. The Independent understands Mr Wallace will not be endorsing anyone at this stage in the contest. I have not been mobilising a leadership campaign behind his back.”
The Prime Minister hopeful is under pressure over links to job-cutting Rolls-Royce.
In the next two hours, more ministers and aides quit and as the total reached 59, Johnson knew what he had to do. When the PM gathered aides around a vegetarian takeaway of lentil curry and naan bread at 8pm on Wednesday to rebuild his shattered Government, he was still determined to cling on. Sunak resigned from the Government following a major row last weekend with Boris Johnson over how and when to cut tax, it has emerged. Infosys has also been criticised for failing to cut business ties with Russia quickly enough in the wake of its invasion of Ukraine. He said: “Sunak has been complicit in the Johnson debacle and he should be utterly ashamed. The Rolls-Royce plan to “transition a significant part of engineering centre capabilities” was extended in April after first being agreed two years ago.
The old BBC video of Rishi Sunak doing the rounds on social media is from 2001. "I have friends who are aristocrats, I have friends who are upper-class, ...
Sri Lanka PM Ranil Wickremesinghe and country's president - Gotabaya Rajapaksa - have agreed to step down amid the protests. When Ranil Wickremesinghe took over as Sri Lanka's prime minister two months back, he had a huge challenge to pull out the country from its worst economic crisis in seven decades. And then I shock them at the end of chatting to them for half an hour and tell them I was at Winchester and one of my best friends is from Eton or whatever. In his campaign launch video, Sunak talked about his humble Indian origin and how his grandparents moved to the UK with a hope for a better life. On July 8, Rishi Shunak, the former chancellor, launched his campaign to be elected the new Conservative Party leader and Prime minister. An old video of 21-year-old Rishi Sunak saying he does not have working-class friends has resurfaced and gone viral as the race for the UK prime minister post heats up with Rishi Sunak being one of the frontrunners.