Labour goes for Sunak's millions with blast at £730m family fortune

Labour goes for Sunak’s millions: Opposition attacks would-be PM’s £730million family fortune ‘while families are struggling during cost-of-living crisis’ as Keir Starmer renews demand for a general election

  • Mr Sunak and his wife Akshata Murty are estimated to have  £730million fortune
  • Labour MP said that was ‘around twice the estimated wealth of King Charles III’
  • Thanks to his banking fortune and that of his wife Sunak one of the richest MPs 
  • His father-in-law, NR Narayana Murthy, is India’s sixth-wealthiest man

Labour MPs took a swipe at Rishi Sunak’s massive personal wealth today as the opposition set out their main attack line against the prospective prime minister. 

They drew attention to the fortune of Mr Sunak and his wife Akshata Murty, estimated to be around £730million, contrasting it with the struggle many Britons facer at a time of soaring inflation. 

Mr Sunak married Ms Murty, an Indian tech billionaire’s daughter, and built a multi million-pound fortune that saw him dubbed the ‘Maharajah of the Dales’.

Her father, NR Narayana Murthy, is India’s sixth-wealthiest man thanks to his ownership of multinational business technology giant Infosys.

The couple married in her home city of Bangalore in 2009 in a two-day ceremony attended by 1,000 guests.

Thanks to his own banking fortune and that of his wife he is believed to be one of the richest members of Parliament, and lives with his family in a magnificent Georgian manor house in the small village of Kirby Sigston, just outside Northallerton in North Yorkshire.

Leftwing Labour backbencher Nadia Whittome today tweeted: ‘Rishi Sunak and his wife sit on a fortune of £730,000,000. That’s around twice the estimated wealth of King Charles III. 

‘Remember this whenever he talks about making ”tough decisions” that working class people will pay for.’

It came as party leader Sir Keir Starmer reiterated his call for a general election. 

They drew attention to the fortune of Mr Sunak and his wife Akshata Murty, estimated to be around £730million, contrasting it with the struggle many Britons facer at a time of soaring inflation.

Leftwing Labour backbencher Nadia Whittome today tweeted: ‘Rishi Sunak and his wife sit on a fortune of £730,000,000. That’s around twice the estimated wealth of King Charles III.

It came as party leader Sir Keir Starmer reiterated his call for a general election.

He told LBC: ‘The biggest problem of the last 12 years is that the economy hasn’t grown anything like it did under the last Labour government. That has to be the priority.

‘That’s why we need to change government. We need respect for the institutions like the OBR and the Bank of England that actually give us stability, we need a proper credible plan for growth, because in the end a sustainable pay rise will only be available if we have growth under our economy.’

Sir Keir recalled dropping his head in his hands at the prospect of Boris Johnson running again for No 10, suggesting the comeback was ‘never going to work’.

The Labour leader said his ‘first sentiment’ on hearing Mr Johnson had ruled himself out of the race was that ‘he didn’t have the numbers’ required to secure a spot on the Tory ballot.

The former prime minister claimed to have amassed at least 102 nominations, surpassing the all-important threshold of 100, despite lagging far behind rival Rishi Sunak in public declarations.

Some at Westminster suspected that he chose to step aside rather than face the humiliation of having to admit he could not make the total.

Speaking to LBC, Sir Keir said he was dismayed when he heard of Mr Johnson’s ambitions to return to the frontline.

‘When he first said that he was going to run, and everybody was sort of rallying around, I did put my head in my hands and think, so, really, we’re going to go from the prime minister who’s just crashed the economy… back to the guy that only… months ago, most of us were saying was unfit for office,’ he said.

‘It was never going to work, I don’t think.’

He added: ‘The less time now spent on this sort of chaotic, ridiculous circus at the top of the Tory party, the better.’

The ex-PM had returned home from a Caribbean holiday as he plotted a bid for No 10 less than two months after being ousted following a series of scandals, but said on Sunday he would not be standing.

He said there was a ‘very good chance’ he could have been back in Downing Street by the end of the week if he had gone for the top job, but admitted he could not unite his warring party.

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