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Search resuls for: "Akshata Murthy"


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"David Cameron was a disastrous PM. Britain's former Prime Minister and newly appointed Foreign Secretary David Cameron walks outside 10 Downing Street in London, Britain November 13, 2023. "David Cameron was at the heart of the biggest lobbying scandal of recent times," said the Liberal Democrat party's foreign affairs spokesperson Layla Moran. "I understand there's a lot of baggage that comes with David Cameron," Conservative lawmaker Tobias Ellwood told Times Radio. Theresa May, who replaced Cameron as prime minister before being ousted herself amid a party rebellion over Brexit three years later, said his experience would be invaluable.
Persons: David Cameron, Rishi Sunak, Sunak, Cameron, Vladimir Putin, Xi Jinping, Steve Tsang, David Lammy, Suzanne Plunkett, Layla Moran, Akshata Murthy, Tobias Ellwood, Dehenna Davidson, Theresa May, Martin Pollard, Alex Richardson Organizations: Downing, European Union, Conservative Party, China Institute, SOAS University of London, Reuters, Labour Party, REUTERS, Conservative, Liberal Democrat, Eton College, Times Radio, Thomson Locations: European, Britain, China, Beijing, London, Downing
LONDON, Aug 23 (Reuters) - British Prime Minister Rishi Sunak did not properly declare his wife's shareholding in a childcare company which stood to benefit from new government policy but the failure was inadvertent, parliament's standards watchdog said on Wednesday. The commissioner, Daniel Greenberg, is responsible for the House of Commons code of conduct and investigates any alleged breaches. "Having considered the information available to me, I have decided that the breach of the code appears to have been inadvertent," Greenberg said. In a letter to Greenberg, published by the commissioner's office, Sunak apologised for confusing the language of registration and declaration. "I am pleased that this matter will now be concluded by way of rectification," Sunak added.
Persons: Rishi Sunak, Sunak, Akshata Murthy, Daniel Greenberg, Greenberg, Kylie MacLellan, Jonathan Oatis Organizations: British, Parliament's, Thomson
A TikToker said she saw Rishi Sunak at a Taylor Swift-themed SoulCycle class in LA. The UK PM has previously confessed to being a Swiftie and is on vacation in Santa Monica. UK officials wouldn't be drawn on Sunak's exercise routine, but Sunak was on vacation in Santa Monica at the time described in the post. The TikToker — Hannah Harmelin — said she realized somebody important was in the class because of heavy security there. UK Prime Minister Rishi Sunak, Anoushka Sunak, Akshata Murty and Krishna Sunak at Santa Monica Pier on August 03, 2023 in Santa Monica, California.
Persons: Rishi Sunak, Taylor Swift, Santa Monica –, wouldn't, Sunak, Hannah Harmelin —, Swift, Spears, Anoushka, Akshata Murty, Krishna Sunak, Emma McIntyre, Akshata Murthy, Oppenheimer Organizations: PM, Downing, Service, LBC, Santa Monica Pier, Stanford, Infosys Locations: LA, Santa Monica, Wall, Silicon, California, Santa Monica , California, Coachella
LONDON, April 19 (Reuters) - Britain's government on Wednesday published an updated list of ministers' interests, including an outline of the affairs of Prime Minister Rishi Sunak, who is under investigation over whether he properly declared his wife's shareholdings. The prime minister's spokesperson said on Monday that Sunak's wife's shareholding in Koru Kids had been transparently declared, and opposition parties called for Sunak to publish an updated list of ministerial interests to improve transparency. The list of ministerial interests said that Sunak's own financial interests were handled through a "blind trust/blind management arrangement." Sunak and Murthy are the richest ever occupants of 10 Downing Street. She subsequently gave up the status and said she would pay British tax on her global income.
Infosys, founded by Rishi Sunak's father-in-law, is still operating in Russia, The Guardian reported. The IT firm still has staff in Moscow and is paying two subcontractors, per the report. Infosys, which pays the PM's wife £11.5 million in dividends, said it would leave Russia in March. A spokesperson told The Guardian that it was seeking to end the arrangement and had taken measures to "suspend its operations in Russia". A Downing Street spokesperson told The Guardian: "Neither Akshata Murty nor any members of her family have any involvement in the operational decisions of the company."
UK Prime Minister Rishi Sunak is worth about $850 million according to the Sunday Times Rich List. With wealth that rivals King Charles III, the former finance minister is the richest UK leader ever. The 42-year-old former chancellor (finance minister) has a net worth of £730 million ($847 million) according to the Sunday Times Rich List, and was ranked 222nd in May. Queen Elizabeth II was estimated to be worth about $440 million before her death, according to the Sunday Times. The ex-finance minister has a 19th century, Grade II-listed mansion in Yorkshire as well as a London home worth millions.
Rishi Sunak, his wife Akshata Murthy and his daughters Anoushka and Krishna attend a Conservative Party leadership campaign event in Grantham, Britain, July 23, 2022. REUTERS/Peter Nicholls/File PhotoNEW DELHI, Oct 25 (Reuters) - Rishi Sunak will do his best for Britain when he takes over as prime minister on Tuesday, said his father-in-law, Indian billionaire N.R. The 42-year-old, a practising Hindu who traces his roots to India, will be Britain's first prime minister of colour and its youngest leader in modern times. Sunak's rise to the position on Diwali, the Hindu festival of lights, has delighted Indians, and Prime Minister Narendra Modi said he hoped the two countries' ties would improve further. Register now for FREE unlimited access to Reuters.com Register"Congratulations to Rishi," Murthy, valued by Forbes at $4.5 billion, said in a statement.
The wealth of Sunak's family puts him above the previous richest prime minister, who according to the Guineas Book of World Records was Edward Stanley. "Rishi Sunak's words will do nothing to reassure struggling people worried sick about the winter ahead," leader of the pro-EU Liberal Democrats Ed Davey said, calling Sunak "out-of touch". The couple faced criticism and public anger in April over Murthy's "non-domiciled" tax status which meant she did not pay tax in Britain on her earnings abroad. "This is the same Rishi Sunak who as Chancellor failed to grow the economy, failed to get a grip on inflation, and failed to help families with the Tory cost of living crisis," Labour deputy leader Angela Rayner said in statement on Monday. "And it's the same Rishi Sunak whose family avoided paying tax in this country before he put up taxes on everyone else."
Rishi Sunak will soon become the new prime minister of the UK. It's a union that made Sunak the first frontline UK politician to enter The Sunday Times' annual wealth listing. Sunak and his wife, Akshata Murthy, celebrating the British Asian Trust at the British Museum on February 2022. But despite his attempts to portray a down-to-earth image, the British public has had numerous reminders that Sunak has a very different experience with money than most people. His supporters, including British chancellor Jeremy Hunt, argue that Sunak's experience in finance and at the treasury make him the right man for the job.
Rishi Sunak set to become UK PM after meeting King Charles
  + stars: | 2022-10-25 | by ( Jenni Reid | ) www.cnbc.com   time to read: +5 min
Rishi Sunak has been named as the U.K.'s new prime minister and the country's first leader of color. Jeff J Mitchell | Getty Images News | Getty ImagesLONDON — Rishi Sunak will become the U.K.'s third prime minister of the year Tuesday following a meeting with King Charles III. Sunak was elected party leader by fellow Conservative lawmakers on Monday following the resignation of Liz Truss on Thursday. watch nowThe 42-year-old will be the youngest U.K. prime minister since 1812, and the first person of color to lead the country, which U.S. President Joe Biden said Monday was "a groundbreaking milestone." Sunak's parents are of Indian descent and in the 1960s moved from East Africa to the U.K. Sunak also has the greatest personal wealth of any of his predecessors.
Indians pinning their hopes on Rishi Sunak on Diwali
  + stars: | 2022-10-24 | by ( Krishna N. Das | ) www.reuters.com   time to read: +3 min
NEW DELHI, Oct 24 (Reuters) - Many Indians are delighted at the prospect of Rishi Sunak becoming the first person of Indian origin to become British prime minister on Monday, just as Hindus across the world celebrate Diwali. "Rishi Sunak took oath as an MP on (Hindu holy book) Bhagavad Gita. Former British finance minister Sunak, 42, is a practising Hindu and is known to celebrate the festival of lights. Some Indians are hoping for closer British-Indian ties if Sunak does become prime minister. "@RishiSunak becoming the British PM will be a great Diwali gift for UK, & a reason for celebration in India," former Indian diplomat Rajiv Dogra wrote on Twitter.
Sunak, the 42-year-old former finance minister, could be named leader as soon as Monday to replace Liz Truss, becoming Britain's third prime minister in less than two months. "The United Kingdom is a great country but we face a profound economic crisis," Sunak said in a statement declaring his candidacy on Sunday. Should she fail to hit the threshold, Sunak would become prime minister. "He's not taking anything for granted at all," interior minister Grant Shapps, a supporter of Sunak, told BBC television. If chosen, the former Goldman Sachs analyst would be the United Kingdom's first prime minister of Indian origin.
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