UK Prime Minister

Prime Minister Rishi Sunak has released his tax returns, revealing that the British-Indian leader paid more than GBP 1 million to the Exchequer since becoming a frontline politician in 2019. The tax release is part of a transparency commitment the UK premier made in November last year. Sunak, among the wealthiest British politicians, on Wednesday, revealed that he earned a total of GBP 4.766 million between 2019 and 2022 and paid GBP 1.053 million in tax - at a tax rate of around 22 per cent. Over the last tax year, when he was the finance minister, the 42-year-old leader paid GBP 325,826 in capital gains tax and GBP 120,604 in UK income tax on a total income of GBP 1.9 million. "I published my tax returns in the interests of transparency, as I said I would, and I am glad to have done that," Sunak said during a visit to north Wales on Wednesday. "I think ultimately what people are interested in is what I am going to do for them," he added. Sunak came under pressure to publish his

It's a regime that is increasingly authoritarian at home and assertive abroad and has a desire to reshape the world order," Sunak told reporters on his way to the US Sunday

UK Prime Minister Rishi Sunak traveled to Belfast on Tuesday to sell his landmark agreement with the European Union to its toughest audience: Unionist politicians who fear post-Brexit trade rules are weakening Northern Ireland's place in the United Kingdom. The UK and the 27-nation EU announced Monday that they had struck a deal to resolve a dispute over Northern Ireland trade that has vexed relations since the UK left the bloc in 2020. The agreement will ease customs checks and other hurdles for goods moving to Northern Ireland from the rest of the U.K. that were imposed after Brexit to maintain an open border between the north and its EU neighbour, the Republic of Ireland. The deal, dubbed the Windsor Framework, was hailed by London and Brussels as a breakthrough. But Northern Ireland's British unionist politicians have yet to give it their blessing. Their support is key to restoring Northern Ireland's semi-autonomous government, which has been toppled by the trade feud, leaving 1

Sunak oversaw a diplomatic flurry in recent days, holding meetings with parties in Northern Ireland and with European Commission President Ursula von der Leyen to lay the groundwork

Akshata Murty, the wife of UK Prime Minister Rishi Sunak, their two daughters and her mother Sudha Murty were spotted holidaying at Benaulim beach in south Goa, about 40 km from state capital Panaji. A fisherman named Francis Fernandes, locally known as Pele, said he immediately identified the UK First Lady when she approached him on Monday inquiring about water sports at the popular tourist attraction. In a video shot by locals, Pele can be seen interacting with Akshata, whose father Narayana Murthy co-founded Infosys. Later, he also uploaded his picture with her and Sudha Murty on social media. She (Akshata) asked me, is water sports safe in Goa? I told her, Ma'am, it is 100 per cent safe and I will keep you and your family safe if they wish to enjoy water sports, he said. Sharing a few more snatches of his conversation with the 10 Downing Street resident, Pele said, Before they got on our speed boats, I told her that there are many Goans living in the UK and I want her to see th

Britain's former prime minister Liz Truss, who has the ignominy of being the country's shortest serving in the top job at just 49 days, on Sunday made a dramatic attempt at a comeback to frontline politics with an indirect swipe at successor Rishi Sunak's policies. Truss, whose mini-budget in September last year was widely blamed for setting the UK on a spiralling economic downturn, claims she was never given a "realistic chance" to implement her tax-cutting vision for growth. In a lengthy essay in 'The Sunday Telegraph', the former party leader admitted she was not "blameless" but argued that her mandate as the Conservative Party leader was not respected and that her premiership was the casualty of the "left-wing economic establishment". "I wanted to become prime minister to change things, not to manage decline or to preside over our country sliding into stagnation," she writes. "In the medium term, I believed my policies would have increased growth and therefore reduced debt. ...

One month on since Rishi Sunak took charge as Britain's first Indian-origin Prime Minister, indications on Friday are that his popularity with the UK electorate remains on stronger ground than that of the governing Conservative Party. The 42-year-old former chancellor had pitched himself as a steady hand to steer the country's economy through a tumultuous cost-of-living crisis in the wake of the COVID pandemic and the Russia-Ukraine conflict. With predecessor Liz Truss making the dubious history of being Britain's shortest incumbent at 10 Downing Street after a disastrous unfunded mini-budget, his message of clamping down on inflation on a war footing seems to have inspired faith in his leadership. According to the "November Ipsos Political Monitor", a survey conducted earlier this month, Sunak started his premiership relatively liked and even overtook Opposition Labour Party Leader Keir Starmer for having what it takes to be a good Prime Minister. However, the opinion poll also fo

British Prime Minister Rishi Sunak and his wife Akshata Murty have made their debut on the UK's 'Asian Rich List 2022' topped by the Hinduja family. Sunak and his wife, whose father N R Narayana Murthy co-founded Indian IT major Infosys, are ranked 17th on the list, with an estimated wealth of 790 million pounds. The combined wealth of this year's list sits at 113.2 billion pounds, an increase of 13.5 billion pounds over that of last year. The list is topped by the Hinduja family for the eighth consecutive time with an estimated wealth of 30.5 billion pounds, an increase of 3 billion pounds from the last year. Mayor of London Sadiq Khan presented a copy of the 'Asian Rich List 2022' to Ritu Chhabria, daughter of Gopichand Hinduja, Co-Chairman of the Hinduja Group at the 24th annual Asian Business Awards at the Westminster Park Plaza hotel on Wednesday night. Hinduja Group is an Indian transnational conglomerate. The group is present in eleven sectors. Addressing the gathering, C

British Prime Minister Rishi Sunak on Monday unveiled a new scheme for the world's 100 most talented young professionals in the field of artificial intelligence (AI) as part of his vision to make the UK a "beacon" to attract the brightest and best from around the world. Addressing the Confederation of British Industry (CBI) annual conference in Birmingham, Sunak told an audience of business chiefs and professionals that control over the country's post-Brexit immigration policy remains crucial. However, he pledged to create one of the world's most attractive visa regimes for entrepreneurs and highly skilled people and make use of the Brexit freedoms to strike trade deals with "the world's fastest-growing economies". The UK is currently negotiating a free trade agreement (FTA) with India, which Sunak has previously told Parliament he wants to get done as quickly as possible. We cannot allow the world's top AI talent to be drawn to America or China, said Sunak. That's why, building o

Britain has completed most of the sections of a free trade agreement with India, Trade Minister Greg Hands said last month.

In a phone call, Ukrainian President Volodymyr Zelensky and UK Prime Minister Rishi Sunak discussed "multifaceted defence support" for Kiev

Here are the best of Business Standard's opinion pieces for today

The new PM faces unenviable challenges ahead, but he is a testament to the progress Britain has made towards becoming a multi-racial society

It's an approach that ought to suit Sunak, Britain's youngest prime minister in more than two centuries, who came to politics via a career in finance and an MBA from Standford in California

With a fortune worth £730 million, Sunak's wealth far exceeds that of Indians living in the UK

"They agreed on the principle that those with the broadest shoulders should be asked to bear the greatest burden," the Treasury said

Rishi Sunak's decision to skip the upcoming Climate Summit in Egypt and the government preventing King Charles III from attending it has been criticised by many across the world who have accused the new UK Prime Minister of washing his hands of Britain's commitment to tackle the climate crisis. COP27 will take place in Sharm el-Sheikh, in Egypt, from November 6 to November 18 -- finishing the day after Chancellor Jeremy Hunt is due to set out the UK's tax and spending plans. Downing Street in a statement last week has said that Prime Minister Sunak is no longer expected to attend the COP27 climate summit in Egypt due to other pressing commitments, including preparations for the autumn statement. The UK will still be represented by other senior ministers, as well as by COP26 President Alok Sharma, at the climate summit, it said, adding that "the government is absolutely committed to supporting COP27 and leading international action to tackle climate change and protect nature. Earlie

The new premier, Sunak's economic policy is set to face scrutiny as the Bank of England delivers what could be its biggest interest-rate hike in more than 30 years

UK Foreign Secretary James Cleverly, who is on a official visit to India, on Saturday said the is excited to work with the newly appointed British Prime Minister Rishi Sunak

In her leadership campaign, Braverman pledged to cut taxes and restore efficiency to govt, suspend Britain's net-zero 2050 target, end jurisdiction of European Court of Human Rights