Nepotism and corruption at every level of government. 5 years ago I might have been shocked by this but now I’ve come to expect it, horrible creeping normality.
Edit: Thanks guys, this is my first comment to ever reach 1k likes. I’m glad my mediocre comment was soo appreciated.
Oh… wow… I am… yeah zero suprise rich people in power are handing money around their friendship circles and there just isnt enough money for services or infrastructure.
If only there was some way of the elected positions changing hands to people less corrupt.
Nothing will change. They’ll continue to profit and drain everyone dry.
[deleted]
His wife holds so many shares it will be hard to not invest in a company she has a vested interest in.
Bro how is this even legal surely there’s conflict of interests might as well be insider trading
The conspiracy theorist in me suspects that removing the life time allowance on pensions for the 1% was designed to deflect attention from giving a big boost to a firm his wife owns shares in
Oh FFS, anyone in government owning any shares in anything at all will mean there is a potential for a conflict of interest.
Time to make your mind up, should MPs and ministers be allowed to own shares or not? If the answer is “yes” then stop stories like this. If the answer is “no” then tell me if you’re going to make all potential candidates, and their spouses, sell their shares before taking a job?
This particular childcare policy is a good policy overall and if anyone thinks this was done to give Mrs Sunak some extra cash they’re out of their mind.
This government is corrupt on many levels, this is not one of them
Tories spending our money on themselves is kinda what our country has been about for the past decade and a half – why stop now.
Oh C’mon.. Are we going full “Nancy” here in the U.K.? Please tell me there’s a viable alternative!
Not like expressing a negative opinion towards the current gov will be tolerated on this sub. Just delete every comment you disagree with tory mods…
Corrupt inhuman parasites. What more is there to say.
I mean she’s a huge multi-millionaire isn’t she? She will have shares in everything. She’ll benefit from most financial decisions because she’ll have shares and interests in a really broad range of sectors.
Honestly, his wife is so fucking rich I doubt Rishi’s deliberately deciding policy to specifically give her some extra juice on a few shares in a childcare firm, but that’s the problem with politicians being super fucking rich, we can’t know for sure.
You know you’re a corrupt PM when even the BBC are calling you out on it.
Sometimes it’s seems like his ‘job’ is to maximise his wife’s income and it’s been decided that running the county is simply the best way to do that.
Add on the PPE scandals e.g. Baroness Mone and Hancock’s dodgy dealing on PPE – then the Tory party have siphoned off billions either through corruption and / or incompetence.
News at 6: we are surprised of being surprised… again!
So she was listed as a shareholder but wasn’t at the time of the budget
Like giving a boost to her Infosys through IR35 changes wasn’t enough. Greed of those people has no bounds.
We need general elections today.
Are we surprised anymore? They may not get elected again until the 2040s so it’s the last cash grab now
How much longer are we going to put up with this shit for?
Sunak’s father in law benefited massively from changes Rishi made to IR35, he’s a fucking scumbag.
Suprise fucking suprise. These cunts have pound signs in their eyes. (Your pounds that is)
Shocking!!! Truly and utterly shocked that a professional corrupt facist tory cunt is giving kickbacks to to his wife and family!!!
Ok this is a non-story I’m sorry.
So a wealthy women has one of her many investments in a one of the dozens of childcare businesses in the UK. Is the government under Rishi meant to only invest in industries where his billionaire wife has 0 exposure to?
This is such rage bait from the BBC to play on people’s rightful anger from the PPE scandals during Covid.
Edit: As my comment has gotten some traction, I’ve reviewed the Company’s CS01, Rishi’s wife owns 20,000 of over 6,000,000 shares. That’s 1/3 of 1% of the Company. The Company balance sheet is at £5.6M. That means she hold an £18,000 interest in the Company. She is a Billionaire. What’s that, 0.0002% of her wealth? If you think this whole policy is Tory sleeze then I don’t know how to help you. Massively simplified before an Accountant gets on my ass.
Remember a time when MPs resigned for fiddling expenses for duck houses and moat cleaning? I wish we could go back to that
Surprised this is on the BBC. They’ve been very protective of the government of late
Oh wow, the millionaire who’s family exploits Asian workers does something dodgy
**shocked Pikachu face**
Shock horror. Rich person has shares in something…the outrage!!!!
Obviously.
Everything these people do is to benefit themselves.
According to https://find-and-update.company-information.service.gov.uk/company/10047637/filing-history she has 27100 shares out of 6028660 shares. That’s 0.0045% of the company. So even if the company somehow becomes worth £1 billion (!!!), her shares are worth a measly £45,000. Why the fuck is this news? I wouldn’t expect this from the BBC. Or maybe I should now.
Literally will have shares in many companies – what %?
She probably has shares in lots of things. Given her wealth, it would be easier to list what she doesn’t have shares in.
Childcare has moved very high up the list for Private equity firms. It’s up there with elderly care.
Has really high margins, minimal costs, demand is way above capacity and comes with land (with a building already on it for easy planning), has yet to be consolidated, there are many small outlets that can be merged unit larger more cost effective ones.
Most importantly it comes with some really nice government handouts for those rich socialist handouts the love so much and if you risk too much the government will very likely bail you out.
It’s a mess.
It would be hard pressed for her not to benefit from anything, her family owns everything
Lets face it when you have as much money as they do you’re bound to have shares in everything going. The whole system is a joke.
I’m probably going to sound super cringe saying this but, why oh why oh why, are people this obsessed with money. I imagine it’s just the world they’re brought up with, but if I was a political figure, I’d find more enjoyment making the country a better place than “Let’s see how many millions I can squeeze out of this short time”.
I feel there needs to be more political figures who grew up on a £1-2k monthly salary, so that £80k+ year would fucking blow them away and make them do a good job.
I’ll guess though that she holds shares in every company everywhere. On account of her being an almost billionaire.
She’s a multi billionaire. She will have exposure to every single asset class known to man and in every country on the planet.
At that stage it’s not about making gains it’s about managing risk such that you always remain a billionaire. Something in everything means you’ll always do ok unless the world drops to zero.
I’m not defending corruption, there have been many Ill deeds, but this article is just plain silly.
good on her, if i was her i would too. none of us can change the world, just enjoy your life and do what you can, study hard and you may do better
Quite probably it’s a rounding error given how much she owns of her fathers company. I wouldn’t be surprised if she’s just found out that she owns the shares too, as its probably a finance manager that’s investing on her behalf.
42 comments
Nepotism and corruption at every level of government. 5 years ago I might have been shocked by this but now I’ve come to expect it, horrible creeping normality.
Edit: Thanks guys, this is my first comment to ever reach 1k likes. I’m glad my mediocre comment was soo appreciated.
Oh… wow… I am… yeah zero suprise rich people in power are handing money around their friendship circles and there just isnt enough money for services or infrastructure.
If only there was some way of the elected positions changing hands to people less corrupt.
Nothing will change. They’ll continue to profit and drain everyone dry.
[deleted]
His wife holds so many shares it will be hard to not invest in a company she has a vested interest in.
Bro how is this even legal surely there’s conflict of interests might as well be insider trading
The conspiracy theorist in me suspects that removing the life time allowance on pensions for the 1% was designed to deflect attention from giving a big boost to a firm his wife owns shares in
Oh FFS, anyone in government owning any shares in anything at all will mean there is a potential for a conflict of interest.
Time to make your mind up, should MPs and ministers be allowed to own shares or not? If the answer is “yes” then stop stories like this. If the answer is “no” then tell me if you’re going to make all potential candidates, and their spouses, sell their shares before taking a job?
This particular childcare policy is a good policy overall and if anyone thinks this was done to give Mrs Sunak some extra cash they’re out of their mind.
This government is corrupt on many levels, this is not one of them
Tories spending our money on themselves is kinda what our country has been about for the past decade and a half – why stop now.
Oh C’mon.. Are we going full “Nancy” here in the U.K.? Please tell me there’s a viable alternative!
Not like expressing a negative opinion towards the current gov will be tolerated on this sub. Just delete every comment you disagree with tory mods…
Corrupt inhuman parasites. What more is there to say.
I mean she’s a huge multi-millionaire isn’t she? She will have shares in everything. She’ll benefit from most financial decisions because she’ll have shares and interests in a really broad range of sectors.
Honestly, his wife is so fucking rich I doubt Rishi’s deliberately deciding policy to specifically give her some extra juice on a few shares in a childcare firm, but that’s the problem with politicians being super fucking rich, we can’t know for sure.
You know you’re a corrupt PM when even the BBC are calling you out on it.
Sometimes it’s seems like his ‘job’ is to maximise his wife’s income and it’s been decided that running the county is simply the best way to do that.
Add on the PPE scandals e.g. Baroness Mone and Hancock’s dodgy dealing on PPE – then the Tory party have siphoned off billions either through corruption and / or incompetence.
News at 6: we are surprised of being surprised… again!
So she was listed as a shareholder but wasn’t at the time of the budget
Like giving a boost to her Infosys through IR35 changes wasn’t enough. Greed of those people has no bounds.
We need general elections today.
Are we surprised anymore? They may not get elected again until the 2040s so it’s the last cash grab now
How much longer are we going to put up with this shit for?
Sunak’s father in law benefited massively from changes Rishi made to IR35, he’s a fucking scumbag.
Suprise fucking suprise. These cunts have pound signs in their eyes. (Your pounds that is)
Shocking!!! Truly and utterly shocked that a professional corrupt facist tory cunt is giving kickbacks to to his wife and family!!!
Ok this is a non-story I’m sorry.
So a wealthy women has one of her many investments in a one of the dozens of childcare businesses in the UK. Is the government under Rishi meant to only invest in industries where his billionaire wife has 0 exposure to?
This is such rage bait from the BBC to play on people’s rightful anger from the PPE scandals during Covid.
Edit: As my comment has gotten some traction, I’ve reviewed the Company’s CS01, Rishi’s wife owns 20,000 of over 6,000,000 shares. That’s 1/3 of 1% of the Company. The Company balance sheet is at £5.6M. That means she hold an £18,000 interest in the Company. She is a Billionaire. What’s that, 0.0002% of her wealth? If you think this whole policy is Tory sleeze then I don’t know how to help you. Massively simplified before an Accountant gets on my ass.
Remember a time when MPs resigned for fiddling expenses for duck houses and moat cleaning? I wish we could go back to that
Surprised this is on the BBC. They’ve been very protective of the government of late
Oh wow, the millionaire who’s family exploits Asian workers does something dodgy
**shocked Pikachu face**
Shock horror. Rich person has shares in something…the outrage!!!!
Obviously.
Everything these people do is to benefit themselves.
According to https://find-and-update.company-information.service.gov.uk/company/10047637/filing-history she has 27100 shares out of 6028660 shares. That’s 0.0045% of the company. So even if the company somehow becomes worth £1 billion (!!!), her shares are worth a measly £45,000. Why the fuck is this news? I wouldn’t expect this from the BBC. Or maybe I should now.
Literally will have shares in many companies – what %?
She probably has shares in lots of things. Given her wealth, it would be easier to list what she doesn’t have shares in.
Childcare has moved very high up the list for Private equity firms. It’s up there with elderly care.
Has really high margins, minimal costs, demand is way above capacity and comes with land (with a building already on it for easy planning), has yet to be consolidated, there are many small outlets that can be merged unit larger more cost effective ones.
Most importantly it comes with some really nice government handouts for those rich socialist handouts the love so much and if you risk too much the government will very likely bail you out.
It’s a mess.
It would be hard pressed for her not to benefit from anything, her family owns everything
Lets face it when you have as much money as they do you’re bound to have shares in everything going. The whole system is a joke.
I’m probably going to sound super cringe saying this but, why oh why oh why, are people this obsessed with money. I imagine it’s just the world they’re brought up with, but if I was a political figure, I’d find more enjoyment making the country a better place than “Let’s see how many millions I can squeeze out of this short time”.
I feel there needs to be more political figures who grew up on a £1-2k monthly salary, so that £80k+ year would fucking blow them away and make them do a good job.
I’ll guess though that she holds shares in every company everywhere. On account of her being an almost billionaire.
She’s a multi billionaire. She will have exposure to every single asset class known to man and in every country on the planet.
At that stage it’s not about making gains it’s about managing risk such that you always remain a billionaire. Something in everything means you’ll always do ok unless the world drops to zero.
I’m not defending corruption, there have been many Ill deeds, but this article is just plain silly.
good on her, if i was her i would too. none of us can change the world, just enjoy your life and do what you can, study hard and you may do better
Quite probably it’s a rounding error given how much she owns of her fathers company. I wouldn’t be surprised if she’s just found out that she owns the shares too, as its probably a finance manager that’s investing on her behalf.