Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Sirens sounded in the occupied Naqab in southern occupied Palestine.
Iranian air defenses scramble to intercept Israeli projectiles in the airspace of western and northern Tehran.
At least one settler killed in Bat Yam by Iranian missile fire.
Several skyscrapers in Tel Aviv have been severely damaged due to Iranian missile fire.
Iranian missiles make impact in Rehovot in central occupied Palestine.
An Iranian missile impacts Bat Yam in Tel Aviv, occupied Palestine.
Explosions heard in Tel Aviv.
Air raid sirens sound across central occupied Palestine.
Dozens of missiles, including ballistic, were launched from Iran toward occupied Palestine.
Israeli media: Israeli settlers are being instructed to stay near protected areas in anticipation of an Iranian attack.

Britain has moved on from judging people for being rich: Sunak

  • By Al Mayadeen English
  • Source: News websites
  • 20 May 2023 08:36
  • 1 Shares
4 Min Read

New estimates reveal that UK PM Rishi Sunak's fortune fell to approximately £500m.

  • x
  • Britain has moved on from judging people for being rich: Sunak
    Britain's Prime Minister Rishi Sunak, right, and his wife Akshata Murty arrive by plane in Hiroshima after their visit to Tokyo, ahead of the G-7 Summit in Japan, Thursday, May 18, 2023. (AP)

UK Prime Minister Rishi Sunak expressed he is "not bothered" by Labour's criticism of his wealthy family's tax arrangements and assumes that the UK has "moved beyond" judging people based on their money, as a new estimate predicts that the UK prime minister's fortune fell to approximately £500m.

Britain's wealthiest prime minister said he never paid attention to Labour's personal attacks on his finances. 

According to the New Sunday Times rich list, his family's wealth has plummeted by £200 million in the last year due to a drop in the value of his wife's shareholding. It wrote that Sunak, a former hedge fund manager, and his wife, Akshata Murty, had an estimated worth of about £529m, a fall from £730m in 2022.

Murty has low ownership in Infosys, a $64 billion (£52 billion) Indian information technology corporation co-founded by her millionaire father. The value of that stake has dropped, causing the couple's finances to plummet.

When reporters asked Sunak if he was worried by personal attacks on his family, such as Keir Starmer criticizing him during the prime minister's inquiries about his wife's non-dom tax status, he stated that his riches did not bother others.

Sunak has also been accused by Labour of being out of touch with regular people due to his family's wealth. One attack advert asks: “Do you think it’s right to raise taxes for working people when your family has benefited from a tax loophole? Rishi Sunak does.”

Related News

UK Tories elect Badenoch as new leader

Sunak government freed over 10,000 prisoners 70 days early

Read next: UK's Sunak has electrical grid refitted to accommodate his heated pool

He stated on the plane to Japan for the G7 summit, "I haven't really focused on it or seen all of it." I probably hear the bits at PMQs, but not the rest. These items don't bother me in general. I doubt that most people sitting at home are much concerned about these issues.

“What they care about is what am I doing for them to make their lives better. As I talked a lot about last summer, I think we’ve moved beyond judging people by what’s in their bank account.” He added: “These things don’t bother me.”

Murty caused a political uproar last year when it was revealed that she had avoided up to £20 million in UK tax by being non-domiciled and paying £30,000 a year to maintain the status.

With Sunak's position under threat, Murty bowed to pressure and said she would pay UK taxes on all future income, after realizing many people thought her tax arrangements were incompatible with her husband's status as chancellor. She went on to say that she admired the "British sense of fairness."

He was selected to the Sunday Times wealthy list for the first time last year when he was chancellor in Boris Johnson's cabinet, making him the first frontline politician to be named to the annual list since its creation in 1989.

When questioned during the Tory leadership election in August about how he could relate to the public-facing cost-of-living crisis, Sunak responded people should not hold his riches against him. “I think in our country, we judge people not by their bank account, we judge them by their character and their actions. And yes, I’m really fortunate to be in the situation I’m in now, but I wasn’t born like this,” Sunak told a leadership hustings event in Darlington.

Read next: UK PM Rishi Sunak asked homeless man if he 'works in business'

  • Rishi Sunak
  • United Kingdom

Most Read

Iranian missiles impact Israeli sites in Tel Aviv in 2nd wave

Iran's missiles impact 'strategic' Israeli site in Tel Aviv

  • Politics
  • 14 Jun 2025
Smoke rises after an Iranian ballistic missile directly struck Tel Aviv, Occupied Palestine, June 13, 2025 (AP)

Op. True Promise 3: Iran's ballistic missiles strike Tel Aviv

  • MENA
  • 13 Jun 2025
'Israel' launches major strike against Iran's nuclear program

'Israel' launches massive aggression on Iran

  • MENA
  • 13 Jun 2025
The flag of the International Atomic Energy Agency flies in front of its headquarters during an IAEA Board of Governors meeting in Vienna, Austria, Wednesday, Nov. 22, 2023. (AP)

Tehran unravels documents exposing secret IAEA-'Israel' collusion

  • Politics
  • 12 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A man walks at the scene of an Israeli strike in a residence compound in northern Tehran, Iran, Friday, June 13, 2025. (AP)
Politics

Shanghai Cooperation Organization condemns Israeli aggression on Iran

Smoke rises after an Israeli attack on Tehran, Iran, Friday, June 13, 2025 (AP)
Politics

60 martyrs, including 20 children in Israeli aggression on Tehran

An explosion after an Iranian missile makes impact in Tel Aviv, occupied Palestine, Friday, June 13, 2025. (AP)
Politics

Iran finalizes domestic readiness to resume op. on 'Israel': Official

Israeli security forces inspect the site of homes destroyed by a missile fired from Iran, in Rishon Lezion, occupied Palestine, on Saturday, June 14, 2025. (AP)
Politics

Iranian missile hits near ex-security chief’s home in Rishon LeZion

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS