Episode 1901
Rishi Sunak
Sun, 2022-Jul-17 01:57 UTC
Length - 3:14
Direct Link
Welcome to popular Wiki of the Day where we read the summary of a popular Wikipedia page every day.
With 162,613 views on Saturday, 16 July 2022 our article of the day is Rishi Sunak.
Rishi Sunak (; born 12 May 1980) is a British politician who served as Chancellor of the Exchequer from 2020 to 2022, having previously served as Chief Secretary to the Treasury from 2019 to 2020. A member of the Conservative Party, he has been Member of Parliament (MP) for Richmond (Yorks) since 2015.
Born in Southampton to Indian parents who migrated from East Africa, Sunak was educated at Winchester College. He subsequently read Philosophy, Politics and Economics (PPE) at Lincoln College, Oxford, and later gained an MBA from Stanford University as a Fulbright Scholar. While studying at Stanford, he met his future wife Akshata Murty, the daughter of N. R. Narayana Murthy, the Indian billionaire businessman who founded Infosys. Sunak and Murthy are the 222nd richest people in Britain, with a combined fortune of £730m as of 2022. After graduating, he worked for Goldman Sachs and later as a partner at the hedge fund firms The Children's Investment Fund Management and Theleme Partners.
Elected for Richmond (Yorks) at the 2015 general election, he served in Theresa May's second government as Parliamentary Under-Secretary of State for Local Government. He voted three times in favour of May's Brexit withdrawal agreement. After May resigned, Sunak was a supporter of Boris Johnson's campaign to become Conservative leader. After Johnson was elected and appointed Prime Minister, he appointed Sunak as Chief Secretary to the Treasury. Sunak replaced Sajid Javid as Chancellor of the Exchequer after his resignation in February 2020.
As Chancellor, Sunak was prominent in the government's financial response to the COVID-19 pandemic and its economic impact, including the furlough and Eat Out to Help Out schemes. In April 2022, he became the first Chancellor in British history to have been sanctioned for breaking the law while in office after being issued a fixed penalty notice for breaching COVID-19 regulations during lockdowns. He resigned as Chancellor on 5 July 2022, citing the economic policy differences between himself and Johnson in his resignation letter. On 8 July 2022, he announced his candidacy to replace Johnson in the Conservative party leadership election.
This recording reflects the Wikipedia text as of 01:57 UTC on Sunday, 17 July 2022.
For the full current version of the article, see Rishi Sunak on Wikipedia.
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