Rishi Sunak

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Person.png Rishi Sunak  Rdf-entity.pngRdf-icon.png
(politician, hedge fund manager, banker)
Charles Rishi.jpg
King Charles III "kissing hands" with Rishi Sunak
Born12 May 1980
Southampton
NationalityUK
Alma materWinchester College, Lincoln College (Oxford), Stanford Graduate School of Business
SpouseAkshata Murty
InterestsBrexit
Very rich Goldman Sachs bankster turned UK Prime Minister in 2022.

Employment.png UK/Prime Minister Wikipedia-icon.png

In office
25 October 2022 - Present
Preceded byLiz Truss

Employment.png Leader of the Conservative Party Wikipedia-icon.png

In office
24 October 2022 - Present
Preceded byLiz Truss

Employment.png Chancellor of the Exchequer Wikipedia-icon.png

In office
13 February 2020 - 5 July 2022
Appointed byBoris Johnson
Preceded bySajid Javid
Succeeded byNadhim Zahawi

Employment.png Chief Secretary to the Treasury Wikipedia-icon.png

In office
24 July 2019 - 13 February 2020
Appointed byBoris Johnson
Preceded byLiz Truss
Succeeded byStephen Barclay

Rishi Sunak is a British Conservative Party politician who is Prime Minister of the United Kingdom. He was Chancellor of the Exchequer from 13 February 2020[1] until he resigned on 5 July 2022.[2]

He was previously Chief Secretary to the Treasury from July 2019 to February 2020, and has been the Member of Parliament (MP) for Richmond (Yorks) since the UK/General election/2015.

Rishi Sunak and Liz Truss were the two remaining candidates in the July–September 2022 Conservative Party leadership election. The result was decided by a ballot of Conservative Party members, which ended on 2 September 2022, and was announced on 5 September.[3] Liz Truss was elected Leader of the Conservative Party on 5 September 2022, and became Prime Minister the following day.[4]

On 20 October 2022, Liz Truss announced she would resign as Prime Minister, saying there would be a leadership election within a week.[5] Rishi Sunak was elected Leader of the Conservative Party on 24 October 2022 and appointed Prime Minister of the United Kingdom by King Charles III upon the resignation of Liz Truss on 25 October 2022.[6]

Background

Rishi Sunak: Inside the Tory leadership candidate's fortune - Channel 4 News

Born in Southampton, Hampshire to an Indian Punjabi family, Rishi Sunak's early education was head boy at Winchester College. Sunak subsequently studied Philosophy, Politics and Economics (PPE) at Lincoln College, Oxford, and later gained an MBA from Stanford Graduate School of Business as a Fulbright scholar in 2006. None of his Stanford professors remembers him ever attending.[7]

After graduating he worked for investment bank Goldman Sachs, and later as a partner at Chris Hohn's hedge fund management firm The Children's Investment Fund Management (TCI).

Personal

Rishi Sunak is a Hindu, and took his oath as an MP at the House of Commons on the Bhagavad Gita. In August 2009, he married Akshata Murty, the daughter of the Indian billionaire N. R. Narayana Murthy, the founder of the technology company Infosys. Akshata Murty owns a 0.91% stake—valued at about $900m (£746m) in April 2022—in Infosys, making her one of the wealthiest women in Britain.[8]

Sunak and Murty met while studying at Stanford University; they have two daughters. Murty is a director of her father's investment firm, Catamaran Ventures. They own Kirby Sigston Manor in the village of Kirby Sigston, North Yorkshire, as well as a mews house in Earl's Court in central London, a flat on the Old Brompton Road, South Kensington, and a penthouse apartment on Ocean Avenue in Santa Monica, California. Sunak is a teetotaller, and has stated he is a fan of Coca-Cola. He was previously a governor of the East London Science School. Sunak has a Labrador called Nova and is a cricket, tennis and horse racing enthusiast.[9]

Sunak's brother Sanjay is a psychologist. His sister Raakhi is the Chief of Strategy and Planning at Education Cannot Wait, the United Nations global fund for education. Sunak is close friends with The Spectator's political editor James Forsyth, whom he has known since their school days. Sunak was the best man at Forsyth's wedding to the journalist Allegra Stratton, and they are godparents to each other's children. In April 2022, it was reported that Sunak and Murty had moved out of 11 Downing Street to a newly refurbished West London home. The Sunday Times Rich List 2022 named Sunak and Murty the 222nd wealthiest people in the UK, with an estimated combined wealth of £730 million, making Sunak the "first frontline politician to join the rich list".[10]

Campaigning

Debating with Labour's Rebecca Long-Bailey

In a televised debate during the UK/2019 General Election campaign, Labour's Rebecca Long-Bailey rubbished Rishi Sunak, representing the Tories, when he said the last Labour government had crashed the economy:

“We suffered a world banking crisis: your Chancellor (Sajid Javid) was working at Deutsche Bank, selling the very derivatives that caused the crash in the first place."[11]

And she rubbished his claims about the impact of Labour’s plans, retorting:

"Secondly, when you talk about reckless spending plans, I think you were referred to recently in the media talking about the figure of £1.2 trillion spends which is a fabricated lie that the Conservative Party have been perpetrating over the last few weeks. We're the only party with a credible and detailed costing plan, to outline our plans and I haven't seen any costings for your party whatsoever."[12]


 

Appointments by Rishi Sunak

AppointeeJobAppointedEnd
Stephen BarclaySecretary of State for Health25 October 2022
Suella BravermanHome Secretary25 October 2022
James CleverlyUK/Foreign Secretary6 September 2022
Thérèse CoffeySecretary of State for Environment Food and Rural Affairs25 October 2022
Zac GoldsmithMinister of State for Asia Energy Climate and Environment25 October 2022
Michael GoveMinister for Intergovernmental Relations25 October 2022
Michael GoveSecretary of State for Communities and Local Government25 October 2022
Damian HindsMinister/State for Prisons27 October 2022
Andrew MitchellMinister of State for Development25 October 2022
Grant ShappsSecretary of State for Business Energy and Industrial Strategy25 October 2022
Gavin WilliamsonMinister without Portfolio25 October 20228 November 2022
Nadhim ZahawiChairman of the Conservative Party25 October 2022
Nadhim ZahawiMinister without Portfolio25 October 2022

 

Related Documents

TitleTypePublication dateAuthor(s)Description
Document:Parody Britain and the Death of the Fourth EstateArticle9 December 2021Mike SmallThis is a ruling elite, a governing class that comes from the same strata, shares the same education and is literally inter-married. In this context the idea that such a media can hold the powerful to account is of course laughable. The British media is incestuous and dysfunctional.
Document:Sunak likes the single market. So why doesn't Labour?Article5 March 2023William Keegan"I had many criticisms of Thatcherism and its impact on unemployment and social harmony, but one thing Margaret Thatcher got right was the importance of the EU single market and attracting Japanese, German and other firms to the UK. All this is now up for grabs by Starmer and his team."
Document:The conspiracy of lies about Corbyn that unites Sunak and StarmerArticle8 November 2022Peter ObornePrime Minister Rishi Sunak's abuse of his high office to smear Corbyn proves that he means to employ the same deceitful methods as his disgraced predecessor, Boris Johnson.
Document:Up to King Charles whether he wishes to attend COP27Article28 October 2022Geneva AbdulKing Charles will not attend the COP27 summit, Downing Street has said, as it is not the “right occasion” for him to do so. The former Prime Minister Liz Truss had asked the king not to attend the summit, and her successor, Rishi Sunak, has left it in place, No 10 confirmed in the afternoon of 28 October 2022. Sunak had already decided not to attend COP27.


References

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