The Chancellor of Britain’s Treasury, Rishi Sunak, has a lot to say about how generous the government has been granting furlough payments to workers unable to go into work because of the current pandemic.
He has also praised the temporary increase in Universal Credit, with an aditional £20 a week granted to claimants for the duration of the lockdowns. Is £20 a week more better than nothing? I suppose it is, but believe me, £20 doesn’t buy much in modern Britain, ask anyone.
Mr Sunak receives a ministerial salary of £71,090, and an additional salary of £81,932 as a member of parliament. A total annual salary of £153,022. This is boosted by living in an official residence, having a government car and driver at his disposal, and being able to claim expenses for almost anything that can be attributed to his job.
Let’s face it, £20 is neither here nor there to him. If he dropped a £20 note, I doubt he would bother to bend down to pick it up.
But there is more.
His wife is one of the richest women in the world. In fact, she is worth more than Queen Elizabeth, the current ruler of Great Britain.
And that’s saying something, as the Queen has a massive amount of personal wealth.
And it seems Mr Sunak ‘forgot’ to declare his wife’s vast fortune, as government ministers are compelled to do. So how much are the Sunaks worth?
The following information is from TheLondonEconomic.com
Rishi Sunak is facing renewed questions about his financial affairs after it emerged that his wife and her family hold a multimillion-pound portfolio of shareholdings that are not declared in the register of ministers’ interests.
Akshata Murty – who married the chancellor in 2009 – is the daughter of one of India’s richest men. Her father co-founded tech giant Infosys, and she has shares in the company worth £430 million – making her richer than the Queen.
The ministerial code complex Sunak to declare any financial interests “relevant” to his job that might constitute a conflict of interests. Ministers are also supposed to declare the interests of close family members.
Richer than the Queen
After he became chief secretary to the Treasury in July 2019, Sunak revealed he was the beneficiary of a blind trust – meaning he can’t make decisions about how his money is invested, but can still profit from his investments.
However, according to a Guardian investigation, Sunak’s declarations make no mention of his wife beyond referring to her ownership of a small venture capital company.
But the paper revealed that Murty and her family hold a score of other valuable interests – including a £1.7 billion shareholding in Infosys, which employs thousands of UK staff and has held a number of government contracts.
Other holdings include a reported £900 million-a-year joint venture with Amazon in India, and a direct shareholding in a British firm which runs Jamie Oliver and Wendy’s restaurants in India.
As we say in London, he’s not short of a few quid.
So the next time he traps on about how great it is to get £20 a week more to spend, perhaps take less notice of him.
He is just a criminal in a nice suit.