Former Treasury Secretary has stepped up fiscal pressure to ease the effects of debt
Rishi Sunak, 42, is married to Akshata Murty, daughter of the founder of Infosys, an IT services company that made the family billionaire. Sunak’s parents came from Indian emigration to Africa and settled as doctors and pharmacists in the south of England.
He attended boarding school in Winchester and studied philosophy, politics and economics at Oxford University. He met his wife when they were both students at Stanford University in California. He was an investment banking analyst, Goldman Sachs, and a fund manager. He has been the Member of Parliament for a safe constituency, Richmond, in the north of England since 2015.
His fellow believer in the ‘Brexit’ campaign, Boris Johnson, entrusted him with the management of the treasury in 2019. His policies were eclectic as his mandate coincided with the pandemic. He ran programs that increased the national debt. He increased taxes and added a fiscal pressure comparable only to that of the Labor government after World War II. His big idea at the head of the Treasury was to create free zones for regional regeneration.
Source: La Verdad
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