Sunak.

[northwestman]

www.theguardian.com/politics/2020/nov/17/rishi-sunak-refuses-to-say-if-he-will-profit-from-moderna-covid-vaccine

Rishi Sunak has refused to disclose whether he will profit from a surge in the share price of the Covid-19 vaccine manufacturer Moderna, one of the biggest investments held by the hedge fund he co-founded before entering parliament.

Moderna has become the latest biotech firm to announce successful trials of its vaccine, declaring on Monday that it was 94.5% effective in trials.

Sunak was a founding partner of Theleme Partners, a major investor in Moderna, and one of the executives managing its US office. He left the firm in 2013, returning to the UK to pursue his political career.

It is not known whether the chancellor retained any investment in the Theleme fund after leaving. Theleme is registered in the Cayman Islands, a tax haven which does not make company records public. Ordinarily, a partner in a hedge fund would own a stake in the management company and have money invested in its fund.

A year ago, Sunak declared in the list of ministers’ interests that he was the beneficiary of a blind trust. The contents of the trust have not been disclosed to the public.

Stock market filings show that Theleme has a $500m (£377m) investment in the US-based Moderna, which accounts for around 20% of all the money it manages, about $2.5bn.

Shortly after the news of Moderna’s successful trial broke, the health secretary, Matt Hancock, revealed that the government had secured an advance order for 5m doses of the vaccine.

[northwestman]

Cost of living, NHS, Immigration, Strikes - and what is Sunak coming out with today - Maths to be taught to everyone up to the age of 18.

www.theguardian.com/education/2023/jan/03/rishi-sunak-to-propose-maths-for-all-pupils-up-to-age-18

[northwestman]

Rishi Sunak's five promises analysed.

www.bbc.co.uk/news/uk-politics-64166469

PROMISE ONE: “We will halve inflation this year to ease the cost of living and give people financial security.”

Reality: According to the OBR’s latest forecasts, CPI inflation in the last quarter of this year is already set to fall to 3.8%, nearly two thirds lower than in the last quarter of 2022 (11.1%).

The prime minister’s pledge is therefore likely to be less ambitious than existing official forecasts.

PROMISE TWO: “We will grow the economy, creating better-paid jobs and opportunity right across the country.”

Reality: According to the latest OECD forecasts, the UK is one of the only advanced economies to not grow this year – so we could hardly do worse than we were. In contrast, our competitor economies like France, Italy and the US are expected to grow sustainably over this year and next.

The OBR expects unemployment to rise over the next two years, with 500,000 more people out of work in 2024 than last year.

PROMISE THREE: “We will make sure our national debt is falling so that we can secure the future of public services.”

Reality: Targeting lower public sector net debt is an existing government fiscal target that the OBR already expected it to meet. At the end of the forecast period (2027/28), the OBR still expects debt to be 30% higher as a percentage of GDP than when they came to power.

PROMISE FOUR: “NHS waiting lists will fall and people will get the care they need more quickly.”

Reality: According to the respected Institute for Fiscal Studies, waiting lists were already set to fall in the second half of 2023. Treatment numbers tend to increase after the winter and the number of people on waiting lists is predicted to peak in the middle of this year and then fall providing the NHS is able to treat patients at usual volumes

PROMISE FIVE: “We will pass new laws to stop small boats, making sure that if you come to this country illegally, you are detained and swiftly removed.”

Reality: Successive Tory prime ministers have repeatedly promised to stop the boats. Instead, their new laws have made the problem worse and the boats are at a record high.

The government has failed to negotiate proper returns agreements and their own impact assessments show the Rwanda plan won’t work. They said the Nationality and Borders Act would stop the boats – it didn’t work either. We need real action to stop the criminal gangs at source.

[salop27]

Sunak or Starmer? It's like asking to choose if you want to be hit in the head with a cricket bat or a baseball bat.

[staffordshrew]

Jan 6, 2023 0:28:42 GMT 1 salop27 said:

Sunak or Starmer? It's like asking to choose if you want to be hit in the head with a cricket bat or a baseball bat.

At least with Starner you are rid of weasels like Grant Shapps, Jeremy Hunt and Steve Barclay and the influence of the right wing hard liners.

[ssshrew]

After 12 years, the mess this bunch have made for us, things can’t get much worse so I would say give Starmer a go. Let’s face it, if he makes a mess then at least it will be a new mess.

[staffordshrew]

link Former Tory minister QUITS the party and brands it 'overcome with ideology and self-obsession' as she praises Labour leader Sir Keir Starmer

[northwestman]

Jan 10, 2023 10:16:25 GMT 1 staffordshrew said:

link Former Tory minister QUITS the party and brands it 'overcome with ideology and self-obsession' as she praises Labour leader Sir Keir Starmer

She's already been labelled a closet Lib Dem/Labour supporter who shouldn't have been anywhere near the Tory Party!

[ssshrew]

www.bbc.co.uk/news/uk-politics-64225730

Presumably there wasn’t an ambulance available!

[northwestman]

George Orwell writing in 1941: “Right through our national life we have got to fight against privilege, against the notion that a half-witted public schoolboy is better for command than an intelligent mechanic.”

[South Stand Salopian]

Rishi Sunak's failure to wear seat belt to be investigated. Lancashire Police are "looking into" Rishi Sunak after he was filmed not wearing a seat belt while a passenger in a moving car.

www.bbc.co.uk/news/uk-politics-64337866

[staffordshrew]

A piece of cake at Boris' bawdy house, putting out a video of himself without a seat belt, various U turns, not even able to beat Truss in a straight fight. Not as clever as he thinks he is perhaps? He'll have to stick to planes and trains where he can go without the seatbelt. Or he could exercise his "Man of the people" and take the Megabus....

[northwestman]

Sunak took the sensationally odd decision to be filmed during the leadership campaign in July last year telling Tory members in Tunbridge Wells: “I managed to start changing the funding formulas to make sure areas like this are getting the funding they deserved. We inherited a bunch of formulas from Labour that shoved all the funding into deprived urban areas and that needed to be undone. I started the work of undoing that.”

[staffordshrew]

Sunak gets a fixed penalty notice for not wearing a seatbelt. Another law breaker in government!

In a statement, the force said: "You will be aware that a video has been circulating on social media showing an individual failing to wear a seatbelt while a passenger in a moving car in Lancashire. "After looking into this matter, we have today (Friday, January 20) issued a 42-year-old man from London with a conditional offer of fixed penalty."

[belfastshrew]

It beggars belief really. Do we believe him when he says he only took it off for the video? Why even take it off for a video in the first place?

[staffordshrew]

Even worse, one of his MP's comes up with this. Exactly how much (little) time did it take to see that the seatbelt law had been broken when the law breaker posts a video of himself doing it?   Did he expect them to take no action, what sort of message would that send out?

'Time better spent investigating serious crime', says Tory MP
Scott Benton has struck a different tone to his fellow Lancashire MP.
Mr Benton, who represents Blackpool South, said the seatbelt complaint was politically motivated and a bad use of police time. He tweeted this morning: "@lancspolice do an amazing job, but I’m sure their time is better spent investigating serious crime which impacts on my constituents.  The vast majority of people would think that politically motivated complaints about about a seat belt are not good use of frontline resources."

[belfastshrew]

Mr Benton is clearly sniffing for a payrise or promotion...sending one fine in the post is hardly a waste of police time, and sets the best of examples...which is precisely which Mr Sunak didn't do!

[staffordshrew]

Jan 20, 2023 21:32:37 GMT 1 belfastshrew said:

Mr Benton is clearly sniffing for a payrise or promotion...sending one fine in the post is hardly a waste of police time, and sets the best of examples...which is precisely which Mr Sunak didn't do!

Mr Benton is clearly out of touch!  Police forces even have a HGV travelling up and down the M6 looking in on drivers and videoing seat belt violations, that's how important they believe seat belt wearing to be.

Perhaps Mr Benton's voters will take note of this, they have their very own Danny K/Fabricant type of dunce.

[stuttgartershrew]

Jan 19, 2023 23:33:57 GMT 1 South Stand Salopian said:

Rishi Sunak's failure to wear seat belt to be investigated. Lancashire Police are "looking into" Rishi Sunak after he was filmed not wearing a seat belt while a passenger in a moving car.

www.bbc.co.uk/news/uk-politics-64337866

It hasn't been the best of weeks for him has it. Strange for me this as he hasn't been thrust into the limelight, this isn't new to him. He's been front and centre of UK politics for a good while now and yet these are schoolboy errors.

[northwestman]

www.theguardian.com/commentisfree/picture/2023/jan/28/rishi-sunak-and-his-demons-cartoon

Rishi Sunak and his demons – cartoon.

[northwestman]

www.theguardian.com/politics/2023/feb/13/akshata-murty-held-shares-in-collapsed-firm-that-had-near-300k-sunak-taxpayer-loan

Rishi Sunak’s wife, Akshata Murty, invested in a furniture firm that received nearly £300,000 in taxpayer-funded loans handed out under policies he put in place while chancellor.

The New Craftsmen, whose upmarket range included a £7,340 mirror and a £2,220 table lamp, collapsed into liquidation in November 2022, according to Companies House filings.

The brand was sold later that month to Sarah Myerscough, a gallery owner and former company employee.

The unsecured creditors – those who are not guaranteed to receive what they are owed when a company fails – include employees who were owed £75,437, and trade and consumer creditors who were due more than £412,000.

[northwestman]

www.dailymail.co.uk/news/article-11981243/Rishi-Sunak-faces-probe-claims-failed-declare-interest.html

Rishi Sunak is facing a probe by the Commons sleaze watchdog into claims he failed to declare his wife's interest in a childcare business.

Parliamentary commissioner Daniel Greenberg is investigating following criticism that the PM did not mention Akshata Murty's stake in Koru Kids when discussing the £4billion childcare boost in the Budget.

Downing Street flatly denied he had broken any rules at the time, arguing that the matter only needed to be declared on the ministerial register.

However, no version of that register has been published since May last year, when Boris Johnson was premier.

[northwestman]

bylinetimes.com/2023/04/18/everything-to-declare-the-conflicts-of-interest-rishi-sunak-wont-talk-about/

The Conflicts of Interest Rishi Sunak Won't Talk About.

[northwestman]

www.theguardian.com/politics/2023/may/09/sunak-helicopter-train-southampton-prime-minister-rail

Sunak visited a pharmacy in Southampton to announce government plans for chemists to provide prescriptions for millions of patients in England.

However, instead of getting the train from Waterloo station for the 160-mile round trip, which would have taken one hour 15 minutes each way, and cost about £30 for a return fare, he opted to travel by air. An equivalent private flight would cost in the region of £6,000 return.

As he tried to get on the front foot after disastrous local election results, Sunak visited a pharmacy in Southampton to announce government plans for chemists to provide prescriptions for millions of patients in England.

However, instead of getting the train from Waterloo station for the 160-mile round trip, which would have taken one hour 15 minutes each way, and cost about £30 for a return fare, he opted to travel by air. An equivalent private flight would cost in the region of £6,000 return

The cost of the helicopter flight to the port city, where Sunak was raised, was believed to have been picked up by the taxpayer.

He landed at Southampton airport at 9.47am, according to flight records, for his visit to a pharmacy in the city, which began about half an hour later. Alternatively, Sunak could have taken the 8.35am train, which arrived at 9.50am.

[Worthingshrew]

Or he could have visited a pharmacy in London, or have they all closed?

[staffordshrew]

Sunak, the PM even the Conservative party didn't want, until they tried Truss.

[Worthingshrew]

I think Sunak is a decent guy - my biggest fear is that right wing Tories succeed in bringing lying Boris back.

[staffordshrew]

May 11, 2023 13:45:15 GMT 1 Worthingshrew said:

I think Sunak is a decent guy - my biggest fear is that right wing Tories succeed in bringing lying Boris back.

As leaders go perhaps not much to chose between Sunak and Starmer, but Sunak comes with people like Rees  Mogg.

[armchairfan]

Nov 14, 2022 12:02:59 GMT 1 northwestman said:

www.theguardian.com/commentisfree/2022/nov/14/rishi-sunak-prime-minister-britain-cuts-culture-war

If Liz Truss’s mantra was “move fast and break things”, then Rishi Sunak’s is “move slow and leave things where they are, and pray no one will notice”. It has been exactly three weeks since he was sent into Downing Street on a wave of relief and hope. But it has taken only those three weeks to expose Sunak as yet another under qualified and over promoted prime minister. There is now no doubt that he does not have the mandate, the appetite or the nerve to deliver what was expected of him.

A brief look at his performance so far shows a failure to meet the goals set for him. A break with the volatile right of the party, who left a crater in the economy? Instead, Suella Braverman is back in the cabinet presiding over an asylum system collapse and protest crackdowns. A return to firm decision-making after a month of dizzying U-turns? His very first international effort as Britain’s leader was to reverse his decision not to go to Cop27. Restoring some semblance of decency to political office? The now yet-again-disgraced Gavin Williamson had to resign after allegations of bullying, despite Sunak being informed of the claims by the former chair of the Conservative party.

We see now not an impressive intellectual whose time has finally come, but a man who outsources the sharper edge of his politics, has no real passions other than to “balance the books”, and no real imagination to conceive of doing that in ways other than off the backs of the most vulnerable.

A season of austerity, historic strikes, protests and civic action is upon us just as the Tory party hands power to a prime minister unable to come up with his own lines, and so has defaulted to the old script – cuts, culture war and crackdown.

One of these days, you will share your own views on such matters, rather than regurgitate those of the "Fourth Estate"

[staffordshrew]

metro.co.uk/2023/07/13/rishi-sunak-is-demanding-restraint-on-pay-what-a-joke-19121808/