Rishi Sunak

'We will send to around 8 mn low income households a one-off payment of 650 pounds,' says British finance minister

UK Chancellor of the Exchequer Rishi Sunak and his wife Akshata Murty made their debut in the annual Sunday Times Rich List' on Friday, ranked 222 with their combined fortune estimated at GBP 730 mn

The funds will be taken from the Treasury's emergency reserves and will come in addition to the United Kingdom's existing 1.5 billion-pound support to Ukraine, The Sunday Timessaid on Sunday

The probe also covered further revelations around Sunak having a Green Card two years after being appointed Chancellor of the Exchequer in the UK Cabinet

The annual inflation rate climbed to 7.0 per cent in March from 6.2 per cent in February, its highest since March 1992

The Indian-origin finance minister offered the apology in a statement issued on Tuesday evening, after Johnson's own apology and confirmation that he too had paid up his fine

Downing Street confirmed that the two senior-most UK government officials had received notification from the Metropolitan Police that they would be given "fixed penalty notices"

Rishi Sunak is seeking a formal review into whether he properly declared his financial interests

Last week, Sunak had vehemently defended the non-domicile status of his wife, the daughter of Infosys co-founder Narayana Murthy

According to The Sunday Times', Sunak's team believes an Opposition Labour Party supporting government official dubbed "red throat" is responsible for the leak

Removal vans were seen lining up to take furniture and personal items from the flat shared by Sunak and wife Akshata Murthy and move them to their newly-refurbished, luxury West London pad: Report

The chancellor and his family are trying to repair the damage to his reputation after a series of stories about his wealthy lifestyle fed into the growing perception that he's out of touch with the st

Akshata, whose mother Sudha Murthy is a philanthropist, was targeted by the Opposition over her non-domicile tax status

For the first time in his political career Sunak is under siege, unable to shrug off a perception that he doesn't understand the plight of ordinary Britons squeezed by surging fuel and food costs.

Murthy is the daughter of Indian billionaire, Infosys Ltd. co-founder Narayana Murthy, and she owns 0.93% of the company's shares, according to Bloomberg data.

Sources said that Infosys is transitioning services from Russia to other global delivery centres but did not elaborate on any details

Sunak who is married to Murthy's daughter Akshata, was speaking in reference to recent attacks on his wife and her family over the continued presence of Infosys in Moscow amid Russia-Ukraine conflict

Sunak's wife, Akshata Murthy, has a stake worth hundreds of millions in Infosys, founded by her billionaire father Narayana Murthy

The UK Chancellor said he had "nothing to do" with Infosys, in which his wife Akshata Murthy holds shares

The Indian-origin finance minister who is the son-in-law of Infosys co-founder Narayana Murthy was asked on air if his advice to businesses was not being followed within his own home