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Goldman Sachs hires former British PM Sunak as adviser

Goldman Sachs has today named former UK Prime Minister Rishi Sunak its senior adviser, adding a veteran policymaker to its roster as banks navigate rising geopolitical and regulatory uncertainty.

Business • 08 Jul

Rishi Sunak will stay on as Tory leader until his successor is designated

New Tory party leader to be announced in November

The UK's Conservative Party will appoint a new leader on 2 November to replace Rishi Sunak.

UK • 23 Jul 24

Rishi Sunak leaves Northallerton Leisure Centre in North Yorkshire, following the count for the Richmond and Northallerton constituency

Shattered Tories face big questions after Labour victory

One by one, result after result confirmed it - the Labour landslide so long predicted had come to pass.

UK Elections • 06 Jul 24

Keir Starmer said the UK had voted decisively for change

New UK Prime Minister Starmer pledges to rebuild Britain

The UK's new Prime Minister Keir Starmer has pledged to use his massive electoral majority to rebuild the country, saying he wanted to take the heat out of politics after years of upheaval and strife.

UK Election 2024 • 05 Jul 24

The fortunes of Akshata Murty and British Prime Minister Rishi Sunak soared by over £120m over the last year

Wealth of Sunak and his wife soars to £651m - Rich List

The personal fortune of British Prime Minister Rishi Sunak and his wife Akshata Murty surged by more than £120m over the past year.

Business • 17 May 24

Rishi Sunak survived a rebellion by some Tory MPs to win the vote on the bill (File image)

UK's Rwanda migrant bill clears House of Commons

UK Prime Minister Rishi Sunak's government has won the backing of the House of Commons for his controversial plan to send migrants to Rwanda.

UK • 17 Jan 24

Sunak weighs up election call after tough 2023

Rishi Sunak must be wondering what he has to do to win the confidence of his party and the British public while he weighs up the best time to call an election in 2024.

2023 in Review • 30 Dec 23

Rishi Sunak's government is trying to make the UK attractive to foreign investors once again

Sunak announces £29.5bn of private investment for UK

UK Prime Minister Rishi Sunak has announced £29.5 billion (€34 billion) of private sector investment in Britain at a gathering of global executives aimed at catapulting the country back to Europe's top spot as a destination for foreign money.

Business • 27 Nov 23

Jeremy Hunt is to remain as British finance minister as Sunak's reshuffle

Hunt stays as UK finance minister after reshuffle

British Prime Minister Rishi Sunak's office said today that Jeremy Hunt would remain as finance minister, after Mr Sunak made changes to his top team of ministers.

Business • 13 Nov 23

Campaigners draped the house with black fabric

Greenpeace activists scale Sunak's house in oil protest

A number of Greenpeace activists have been arrested after an hours-long protest on the roof of Rishi Sunak's mansion over his new fossil fuel drilling "frenzy".

UK • 03 Aug 23

British Prime Minister Rishi Sunak and US President Joe Biden at a press conference at the White House yesterday

Biden, Sunak pledge AI, minerals, Ukraine partnership

US President Joe Biden and British Prime Minister Rishi Sunak said their countries would partner on advanced technologies, clean energy and critical minerals as they strengthen a historical security alliance.

Business • 09 Jun 23

Parliament's Commissioner for Standards began the investigation over a 'declaration of interest' on 13 April

Sunak investigated over wife's shares in childcare firm

British Prime Minister Rishi Sunak is being investigated by parliament's standards watchdog over whether he properly declared his wife's shareholding in a childcare company which stands to benefit from new government policy.

UK • 17 Apr 23

The former finance minister and multi-millionaire is trying to steer the economy through a prolonged period of double-digit inflation and stagnation

UK PM shuffles cabinet to bolster pledges on economy

British Prime Minister Rishi Sunak reshuffled his cabinet today, breaking up two departments to better suit his pledges to spur the economy, reduce energy prices and turn around his party's fortunes before an election expected next year.

Business • 07 Feb 23

Reshuffle saw the business, trade and culture departments restructured into four different ministries

Four new UK govt departments after Sunak reshuffle

British Prime Minister Rishi Sunak has carried out a sweeping shake-up of Whitehall with the creation of four new government departments aimed at boosting economic growth and addressing the energy crisis.

UK • 07 Feb 23

Nadhim Zahawi has been embroiled in controversy over his tax affairs

UK PM sacks Tory chairman over tax affairs row

British Prime Minister Rishi Sunak fired the Conservative Party chair Nadhim Zahawi from government after an investigation found he had been insufficiently open about a tax probe which he settled while finance minister.

UK • 29 Jan 23

Nadim Zahawi is defying Labour demands for his resignation

Sunak orders inquiry into Zahawi amid tax questions

British Prime Minister Rishi Sunak has ordered an investigation into Nadhim Zahawi as the Conservative party chairman faced growing calls to quit after paying a penalty to resolve a multi million-pound tax dispute.

UK • 23 Jan 23

The multimillionaire Prime Minister was serving breakfast to the homeless man who asked him if he was fixing the economy

British PM asks homeless man if he 'works in business'

British Prime Minister Rishi Sunak has come under fire for what critics called an "excruciating" exchange with a homeless man.

UK • 24 Dec 22

UK Chancellor Jeremy Hunt said the plan was postponed until November 17 to allow it to reflect the 'most accurate possible economic forecast'

Sterling hits six week high as budget plan delayed

Sterling soared to six-week highs today, as Britain's new Prime Minister Rishi Sunak held his first cabinet meeting and a decision to delay the announcement of a plan to repair the country's public finances.

Business • 26 Oct 22

Barclays today reported a profit before tax of £2 billion in the three months from July to September

Barclays' third quarter profit inches higher

Barclays has today beaten forecasts with a small rise in third-quarter profit, as a strong performance in fixed income trading alleviated loan loss charges and helped it bounce back from a costly trading error.

Business • 26 Oct 22

Sterling moves higher ahead of Rishi Sunak's appointment as British Prime Minister

Pound rises as Sunak becomes Prime Minister

Sterling rose today due to improved risk sentiment as Rishi Sunak became Britain's prime minister, while the euro steadied ahead of an expected rate hike by the European Central Bank on Thursday.

Business • 25 Oct 22

Rishi Sunak said he is 'not daunted' by the task ahead

Sunak appoints new UK cabinet after becoming leader

Britain's new Prime Minister Rishi Sunak has resurrected Suella Braverman, Dominic Raab and Michael Gove to his cabinet, while keeping Jeremy Hunt on as Chancellor and vowing to fix the "mistakes" of Liz Truss's leadership.

UK • 25 Oct 22

The hard Brexit line is that there must not be any corner of the United Kingdom where the EU has any say

Intractable protocol problem awaits in Sunak's in-tray

Rishi Sunak will have a hard task reconciling the demands of the Tory right on Brexit with the EU's position that there must be oversight of trade rules in Northern Ireland.

Analysis and Comment • 24 Oct 22

Sterling strengthened today as Boris Johnson bowed out of leadership race

Sterling supported by Rishi Sunak news

Sterling took support today on the news that former finance minister Rishi Sunak is set to become British prime minister after other candidates quit the race to lead the Conservative Party.

Business • 24 Oct 22

Rishi Sunak and Liz Truss are battling it out to become the next leader of Britain's Conservative Party

Mixed views on Tory leadership race from NI members

There were mixed views from members of the UK Conservative Party in Northern Ireland today after hearing from the two candidates to become the next leader.

UK • 17 Aug 22

Liz Truss leads rival Rishi Sunak in numerous polls in the race to succeed Boris Johnson

Truss said British workers need 'more graft'

UK Tory party leadership contender Liz Truss has suggested Britons lacked "skill and application" and needed to work harder, in a leaked audio recording.

UK • 16 Aug 22