British Prime Minister Rishi Sunak is under investigation by the parliamentary watchdog over a possible failure to declare shares his wife holds in an agency benefiting from a recent budget, an official said Monday.
The returns show that the privately wealthy former investment banker paid a total of £1,053,060 ($1,288,787) in tax, including £432,493 last year.
On reaching 100 days in 10 Downing Street this week, Rishi Sunak will double the duration of Liz Truss’s brutally short term as British prime minister.
Surging inflation, ongoing strikes, health crises and war in Europe: the UK’s incoming prime minister Rishi Sunak faces major challenges — as well as bitter rifts in the Conservative party.
British politician Rishi Sunak was Monday elected Conservative leader and will become the next prime minister, after rival Penny Mordaunt failed to secure the necessary 100 nominations from her fellow MPs.
Before his spectacular falling-out with Boris Johnson, former finance minister Rishi Sunak was on a rapid rise that could still end with him installed as Britain’s first prime minister of colour.
