From his childhood and education to his political career - here is everything you need to know about Rishi Sunak
British Prime Minister Rishi Sunak waves to members of the media after taking office outside Number 10 in Downing Street on October 25. Rishi was born to African Hindu parents, Yashvir and Usha Sunak, of Indian Punjabi descent and grew up in Southampton, Hampshire. His father was born and raised in Kenya and his mother was born in Tanganyika.
His career began in business rather than politics, as Rishi worked as an analyst for investment bank Goldman Sachs from 2001 to 2004. From there he worked for a hedge fund management firm at the Children’s Investment Fund Management, becoming a partner in September 2006 and left that job in 2009 to join a new hedge fund firm with his former colleagues. He was also director of investment firm Catamaran Ventures, owned by his father-in-law, N.R. Narayana Murthy between 2013 and 2015.
He became a member of the Privy Council the next day. He was again re-elected in the 2019 general election with an increased majority of 27,210 .Rishi was promoted to chancellor as part of a cabinet reshuffle on February 13, 2020 after Sajid had resigned following a meeting with Boris. His first budget occurred on March 11 that year which included £30 billion of additional spending, of which £12 billion was used to reduce the severity of the economic effects of the Covid-19 pandemic.
The Eat Out to Help Out scheme was put in place to support and introduce new jobs in the hospitality sector and was available from August 3 to 31 on Monday to Wednesday each week. The government funded £849 million in food and soft drinks at participating cafes, pubs and restaurants at 50 per cent up to £10 per person.
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