Page 5 - Rishi Sunak

UK PM Rishi Sunak to pledge accelerated renewables plan at COP27 summit

Sunak made a last-minute decision on Nov. 2 to participate in the climate talks, reversing a plan much criticised by environmental activists and political opponents to skip the annual gathering

What to expect in UK Chancellor Jeremy Hunt's plan to fix fiscal hole

Prime Minister Rishi Sunak's finance minister is trying to identify £50 billion ($56 billion) of spending cuts and tax increases to get debt falling as a proportion of gross domestic product

UK govt has 'no plans' to relocate Israel embassy to Jerusalem, says report

The United Kingdom has "no plans" to relocate its Israel embassy to Jerusalem, Al Jazeera reported citing a spokeswoman for Prime Minister Rishi Sunak

British PM Rishi Sunak committed to FTA with India, says Downing Street

Intensive negotiations continue towards a free trade agreement (FTA) between India and the UK and new British Prime Minister Rishi Sunak is committed to achieving a balanced deal, Downing Street said on Wednesday. Sunak, who took charge at 10 Downing Street last week, had a "very warm" introductory call with Prime Minister Narendra Modi during which both sides expressed their commitment towards an FTA. The UK Prime Minister's office also reiterated that the focus remains on a balanced trade deal that benefits both sides and therefore no timeframe is being specified after a proposed Diwali timeline had to be abandoned last month amid political turmoil in the UK. "Both sides are very committed to it, intensive negotiations are continuing led by the Department for International Trade (DIT)," a spokesperson told reporters at a Downing Street briefing. "The Prime Minister had a very warm, introductory call with Prime Minister Modi last week. In terms of the speed of it [FTA], we have be

UK PM Sunak reverses decision on COP27, says will attend climate summit

British Prime Minister Rishi Sunak announced on Wednesday that he will attend the COP27 climate summit in Egypt next week, reversing his previous decision to skip the meeting in Sharm El Sheikh to focus on domestic issues and the economic crisis in the UK. Sunak took to Twitter to reveal his plans after criticism from climate activists and within the government from Indian-origin COP27 President Alok Sharma, who said it was important for the prime minister to be present to show the UK's commitment on the issue of climate action. The pressure mounted further as his ex-boss, former prime minister Boris Johnson, confirmed that he would be attending the summit scheduled between November 6 and 18. "There is no long-term prosperity without action on climate change, tweeted Sunak. "There is no energy security without investing in renewables. That is why I will attend COP27 next week: to deliver on Glasgow's legacy of building a secure and sustainable future," he said, with reference to th

Rishi Sunak more than 6,000 times richer than average Indian in UK

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

Meet PM Rishi Sunak, Britain's first premier of Indian-origin

'Inevitable' Britons will pay more tax for stability, say Sunak, Hunt

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

UK PM Rishi Sunak criticised for planning to skip UN climate summit

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

New UK PM Sunak faces dose of reality as economic, political woes mount

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

BS Views of the week: Rishi Sunak, currency notes, Xi Jinping, and more

Rishi Sunak will be a fantastic prime minister: UK foreign secretary

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

UK households choose toast over healthier diet as inflation bites

Prices for fresh vegetables rose about 14 per cent in September versus the same month last year earlier

UK PM Rishi Sunak eyes $58 billion of tax hikes, expenditure cuts

Britain's new premier is trying to restore calm to the financial markets after his predecessor, Liz Truss, sparked turmoil during her 7-week tenure with a massive package of unfunded tax cuts

Hope UK e-visa issue will be resolved under PM Sunak: Goa tourism minister

Goa Minister Rohan Khaunte on Friday expressed hope the new government of Prime Minister Rishi Sunak in the United Kingdom will restore the e-visa facility, the absence of which has severely affected tourism and allied businesses in the coastal state. The tourism season in Goa peaks with Christmas and New Year, attracting patrons from across the world. "Tourism and allied businesses are badly affected in both India and UK due to non-restoration of e-visas by UK. Hoping for an early resolution under the new Indian origin PM Rishi Sunak," state tourism minister Khaunte tweeted. Officials said chartered flights for Goa from the UK are yet to start for this tourist season, adding that the first flight from Kazakhstan with tourists arrived in the state this week.

LIVE: Pact to set up Tata-Airbus proj in Guj inked under MVA rule, says min

From national and international political developments to rising air pollution and farm fires, catch all the latest news from across the globe here

Infy declares interim dividend; UK PM's wife Akshata to get Rs 64.27 cr

Software giant Infosys declared an interim dividend of Rs 16.50 per equity share for shareholders for 2022-23, while Akshata Murthy, wife of UK PM Rishi Sunak, will get a dividend of Rs 64.27 crore.

Suella Braverman could wreck Rishi Sunak's Brexit immigration plans for UK

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

Rishi Sunak shows the growing influence of Indian talent in the West

With Rishi Sunak as prime minister of the UK, it is now impossible to deny what has been evident for some while: Indian talent is revolutionizing the Western world

UK PM Rishi Sunak, family to move back to smaller flat at 10 Downing Street

Newly-appointed British Prime Minister Rishi Sunak and his family will be returning to live in a smaller flat above No 10 Downing Street as they were "very happy there," his spokesperson has said. No 10 Downing Street has been the residence of British prime ministers since 1735, says the government's website. It has three functions - the official residence of the Prime Minister, their office and where the prime minister entertains guests from world leaders to royalty. Sunak, along with his wife Akshata Murty and two daughters, stayed in the flat when he was chancellor to former prime minister Boris Johnson. Many Prime Ministers of recent years - especially those with children - have lived in the larger flat above No 11, officially designated for the chancellor. Asked why Sunak has opted for No 10 instead, a Downing Street spokeswoman said on Wednesday: "They were very happy there." The residential areas inside Downing Street, are generally kept away from the public eye. Speaking