What’s the story here? Prime minister’s wife gives speech?
Infosys heiress, whose startup investment fund facilitated cash injections through taxpayer-backed schemes, delivers speech to support spouse:^1
>Akshata Murty surprised crowds by appearing on stage ahead of Rishi Sunak’s speech where he announced the HS2 route from Birmingham to Manchester was scrapped.
>Ms Murty said: ‘Yes, you are absolutely right, I am not on the agenda for today.”
>She later added: ‘The reason why I am here is really quite simple, and it is because Rishi and I are each other’s best friends.
>‘We are one team and I could not imagine being anywhere else but here today with all of you to show my support to him and to the party.’
Sunak’s wife used Catamaran Ventures UK to invest some of the vast wealth she derives from her 0.91% stake in her father’s business, Infosys, which earlier this year was worth £590m:^2
>However, the fund’s operations came under scrutiny when it emerged that a number of the startups it backed received cash injections through taxpayer-backed schemes, or owed money to HM Revenue and Customs.
>That included the upmarket furniture firm, New Craftsmen, which collapsed into liquidation in November 2022 after receiving £300,000 in taxpayer-funded loans handed out under policies that Sunak put in place while he was chancellor.
>Catamaran also backed the education firm Mrs Wordsmith, which secured £1.3m from the Future Fund, a £250m investment scheme, designed by Sunak, that was intended to help small startups ride out the pandemic.
>Mrs Wordsmith collapsed six months after receiving the funding, owing £249,000 to HMRC.
We just like character assassinating individual rich people who exploit perfectly legal means to dodge tax. They do the ‘right’ thing and all is well or they don’t and are crucified in a media circus.
In reality its the governments job to legislate and close loopholes. It’s a hard problem requiring international cooperation and the people solving it will lose out financially so nothing will be done.
Fuck this distraction bullshit, this is just because their plan of not doing HS2, including selling off loads of the land and making it impossible to build out Euston in future didn’t go down well enough.
ok, can any Indian’s here explain her accent. As an Indian myself, she does not sound like any Indian, who grew up in India.
There’s a weird over enunciation of words that sounds a bit “off” to my ears. Is it just a product of a multinational education?
They act like primary school teachers speaking to the people of the UK as if we were all five years old🙄
5-year-olds wouldn’t notice the discrepancy between her having notes and claiming that this was an impromptu speech, that probably explains why they thought they could get away with it 🤷
6 comments
What’s the story here? Prime minister’s wife gives speech?
Infosys heiress, whose startup investment fund facilitated cash injections through taxpayer-backed schemes, delivers speech to support spouse:^1
>Akshata Murty surprised crowds by appearing on stage ahead of Rishi Sunak’s speech where he announced the HS2 route from Birmingham to Manchester was scrapped.
>Ms Murty said: ‘Yes, you are absolutely right, I am not on the agenda for today.”
>She later added: ‘The reason why I am here is really quite simple, and it is because Rishi and I are each other’s best friends.
>‘We are one team and I could not imagine being anywhere else but here today with all of you to show my support to him and to the party.’
Sunak’s wife used Catamaran Ventures UK to invest some of the vast wealth she derives from her 0.91% stake in her father’s business, Infosys, which earlier this year was worth £590m:^2
>However, the fund’s operations came under scrutiny when it emerged that a number of the startups it backed received cash injections through taxpayer-backed schemes, or owed money to HM Revenue and Customs.
>That included the upmarket furniture firm, New Craftsmen, which collapsed into liquidation in November 2022 after receiving £300,000 in taxpayer-funded loans handed out under policies that Sunak put in place while he was chancellor.
>Catamaran also backed the education firm Mrs Wordsmith, which secured £1.3m from the Future Fund, a £250m investment scheme, designed by Sunak, that was intended to help small startups ride out the pandemic.
>Mrs Wordsmith collapsed six months after receiving the funding, owing £249,000 to HMRC.
^1 https://metro.co.uk/2023/10/04/rishi-sunak-wife-akshata-murthy-tory-conference-speech-19603215/
^2 https://www.theguardian.com/politics/2023/sep/28/rishi-sunak-wife-akshata-murty-venture-capital-fund-catamaran
We just like character assassinating individual rich people who exploit perfectly legal means to dodge tax. They do the ‘right’ thing and all is well or they don’t and are crucified in a media circus.
In reality its the governments job to legislate and close loopholes. It’s a hard problem requiring international cooperation and the people solving it will lose out financially so nothing will be done.
Fuck this distraction bullshit, this is just because their plan of not doing HS2, including selling off loads of the land and making it impossible to build out Euston in future didn’t go down well enough.
ok, can any Indian’s here explain her accent. As an Indian myself, she does not sound like any Indian, who grew up in India.
There’s a weird over enunciation of words that sounds a bit “off” to my ears. Is it just a product of a multinational education?
They act like primary school teachers speaking to the people of the UK as if we were all five years old🙄
5-year-olds wouldn’t notice the discrepancy between her having notes and claiming that this was an impromptu speech, that probably explains why they thought they could get away with it 🤷