Labour calls on PM to confirm no other ministers have ever been a non-dom April 11, 2022 Labour has called on Boris Johnson to confirm none of his other ministers have ever had non-domiciled tax status or are making use of tax loopholes in the wake of revelations about Rishi Sunak’s family. Labour leader Sir Keir Starmer today said the Prime Minister “needs to bring this saga to a close and confirm that [...]
UK economy ambles into period of sluggish growth April 11, 2022 The UK economy has entered what is expected to be a protracted period of sluggish growth, official figures released today reveal. The early signs of inflation and tax hikes dealing a heavy blow to Brits’ spending are emerging in new GDP figures published by the Office for National Statistics (ONS) today. The economy grew just [...]
Letter to Boris: Sunak calls for independent advisors amid wife’s non-dom status April 11, 2022 Rishi Sunak has written to the Prime Minister this evening asking him to refer his ministerial declarations to the Independent Advisor on Ministers’ Interests.
Rishi stole the crypto thunder with an NFT as Whitehall fights to go digital April 11, 2022 Last week, away from the grinding tragedy of the war in Ukraine and the ongoing fears over rising costs of living, Rishi Sunak unveiled an eye-catching plan. The Royal Mint is set to launch its own non-fungible token (NFT), marking the beginning of the government’s plans to wade into the cryptocurrency sector. NFTs have been [...]
Brexit: Truss drops plan for Northern Ireland tax cut after Sunak opposition April 10, 2022 Liz Truss’ plan to give a post-Brexit tax break to Northern Ireland to entice hundreds of companies to return has been blocked by chancellor Rishi Sunak. The foreign secretary wrote to Boris Johnson last month to call for a series of measures to boost trade between Northern Ireland and Great Britain, including tax breaks and [...]
Sunak considered resigning over his wife’s non-domicile tax status April 10, 2022 Rishi Sunak considered resigning as chancellor last week amid a torrent of stories about his wife having non-domicile tax status in the UK, it has been revealed. It was reported by The Independent last week that Sunak’s wife Akshata Murthy, who is worth around £700m personally and is the heiress to a £3.5bn fortune, was [...]
Sunak’s wife to pay UK tax on overseas income April 10, 2022 Rishi Sunak’s wife will pay UK tax on her overseas income after a row over the appropriateness of her non-dom status, she announced yesterday. The Chancellor’s wife, Akshata Murty, an Indian national, said she will pay UK taxes on her foreign income to avoid becoming a “distraction” for her husband’s political career. Critics have accused [...]
Rishi Sunak held green card while made chancellor meaning Tory bigwig was permanent resident in US April 8, 2022 Rishi Sunak and his wife Akshata Murthy reportedly held US green cards allowing permanent residence there, while he served as chancellor. It was reported he obtained it while living there before becoming an MP, and continued to hold it when he moved back to the UK, for at least a year of his chancellorship which [...]
Fighting back: Rishi Sunak dismisses wife’s non-dom tax controversy as ‘unpleasant Labour smears’ April 8, 2022 Chancellor Rishi Sunak has come out fighting for his wife Akshata Murthy, who is facing claims of avoiding tax due to her Indian citizenship and non-dom status. The Tory heavyweight insisted that his wife, who owns a 0.9 per cent stake in her billionaire father’s firm Infosys, is “100 per cent doing everything this country [...]
Sunak tells Bank of England to ease up on opposition to fossil fuel April 8, 2022 Rishi Sunak has urged the Bank of England to ease up on its opposition to fossil fuel investment despite the UK's green commitments.