Berliner Boersenzeitung - Squeaky-clean Sunak: finance chief tipped as UK's first Hindu PM

EUR -
AED 3.99352
AFN 76.892849
ALL 100.678478
AMD 421.527042
ANG 1.95871
AOA 948.774824
ARS 1009.08987
AUD 1.660687
AWG 1.957053
AZN 1.852644
BAM 1.95791
BBD 2.194364
BDT 127.69759
BGN 1.959086
BHD 0.409641
BIF 3130.973517
BMD 1.087251
BND 1.460474
BOB 7.510092
BRL 6.149608
BSD 1.086771
BTN 90.988637
BWP 14.725867
BYN 3.55673
BYR 21310.128938
BZD 2.19066
CAD 1.503615
CDF 3114.975873
CHF 0.960766
CLF 0.037328
CLP 1029.997244
CNY 7.883013
CNH 7.896898
COP 4385.08091
CRC 574.619133
CUC 1.087251
CUP 28.812164
CVE 110.376821
CZK 25.378194
DJF 193.52852
DKK 7.473811
DOP 64.329313
DZD 146.060375
EGP 52.475071
ERN 16.308772
ETB 62.830998
FJD 2.456047
FKP 0.837793
GBP 0.844927
GEL 2.939777
GGP 0.837793
GHS 16.844064
GIP 0.837793
GMD 73.661711
GNF 9366.091645
GTQ 8.422533
GYD 227.334946
HKD 8.487488
HNL 26.907992
HRK 7.510679
HTG 143.454567
HUF 391.666079
IDR 17726.71116
ILS 3.980618
IMP 0.837793
INR 91.051495
IQD 1423.773353
IRR 45778.723799
ISK 150.106358
JEP 0.837793
JMD 169.993162
JOD 0.77054
JPY 167.183441
KES 141.277875
KGS 91.373271
KHR 4457.803131
KMF 493.856845
KPW 978.526709
KRW 1505.702369
KWD 0.332536
KYD 0.905701
KZT 514.828916
LAK 24104.637033
LBP 97325.250091
LKR 329.313911
LRD 212.358809
LSL 19.840425
LTL 3.210371
LVL 0.657668
LYD 5.251658
MAD 10.704534
MDL 19.291318
MGA 4946.329502
MKD 61.688169
MMK 3531.350384
MNT 3751.01797
MOP 8.738957
MRU 43.048383
MUR 50.905526
MVR 16.689721
MWK 1884.530517
MXN 20.073966
MYR 5.063878
MZN 69.47536
NAD 19.840425
NGN 1735.25373
NIO 40.003102
NOK 11.989465
NPR 145.581859
NZD 1.846649
OMR 0.418421
PAB 1.086771
PEN 4.085001
PGK 4.263594
PHP 63.60534
PKR 302.482515
PLN 4.280174
PYG 8229.867402
QAR 3.964116
RON 4.978746
RSD 117.195274
RUB 93.474127
RWF 1429.039742
SAR 4.078958
SBD 9.215485
SCR 14.802649
SDG 637.129734
SEK 11.76542
SGD 1.459748
SHP 0.837793
SLE 24.840764
SLL 22799.123819
SOS 621.069181
SRD 31.531421
STD 22503.91041
SVC 9.509509
SYP 2731.752354
SZL 19.837374
THB 39.036295
TJS 11.520331
TMT 3.859743
TND 3.371616
TOP 2.593208
TRY 35.819395
TTD 7.377152
TWD 35.676024
TZS 2934.361675
UAH 44.619376
UGX 4053.367365
USD 1.087251
UYU 43.754327
UZS 13731.17375
VEF 3938625.59155
VES 39.750856
VND 27523.771126
VUV 129.080711
WST 3.048227
XAF 656.664534
XAG 0.038931
XAU 0.000455
XCD 2.938352
XDR 0.819683
XOF 656.664534
XPF 119.331742
YER 272.193802
ZAR 19.880724
ZMK 9786.571889
ZMW 28.392592
ZWL 350.094532
  • RBGPF

    -1.6500

    56.4

    -2.93%

  • SCS

    0.2000

    14.03

    +1.43%

  • BCC

    5.7500

    141.04

    +4.08%

  • CMSC

    0.1050

    24.19

    +0.43%

  • RIO

    0.7300

    65.06

    +1.12%

  • NGG

    0.9700

    63.62

    +1.52%

  • CMSD

    0.1550

    24.405

    +0.64%

  • RELX

    0.5400

    46.54

    +1.16%

  • BCE

    0.1900

    33.36

    +0.57%

  • VOD

    0.2000

    9.47

    +2.11%

  • RYCEF

    0.1100

    5.68

    +1.94%

  • JRI

    -0.1300

    12.41

    -1.05%

  • BTI

    0.4300

    35.16

    +1.22%

  • BP

    0.0700

    35.25

    +0.2%

  • AZN

    -0.3900

    78.13

    -0.5%

  • GSK

    0.7900

    39.86

    +1.98%

Squeaky-clean Sunak: finance chief tipped as UK's first Hindu PM
Squeaky-clean Sunak: finance chief tipped as UK's first Hindu PM

Squeaky-clean Sunak: finance chief tipped as UK's first Hindu PM

British finance minister Rishi Sunak is on a meteoric trajectory that could, if Boris Johnson is forced out, propel him next door to 10 Downing Street to become Britain's first Hindu prime minister.

Text size:

It would mark a historic landmark, for a descendant of immigrants from Britain's old empire in India and East Africa, to take command of the world's fifth largest economy.

A details-oriented policy wonk, the 41-year-old has promoted a carefully curated image on social media since he took over as chancellor of the exchequer two years ago at the beginning of the Covid pandemic.

In India, he is better known through his wife Akshata. She is the daughter of Indian tycoon Narayana Murthy, the billionaire co-founder of information-technology group Infosys.

Already wealthy through his prior business career, Sunak was named as Britain's first Hindu chancellor on February 13, 2020, and swears his oath of allegiance as an MP on the Bhagavad Gita.

Later that year, he marked the Hindu festival of Diwali by lighting oil lamps on the front step of his official residence at 11 Downing Street -- while urging other Hindus to stick to England's then Covid lockdown.

That same evening of November 13, 2020, Johnson and his partner Carrie were allegedly violating the lockdown by partying with friends to celebrate the downfall of his then-chief advisor Dominic Cummings.

The apparent rule-breaking and history of mendacity attached to the "partygate" premier are in contrast to the teetotal Sunak, who admits only to a fondness for Coca-Cola and sugary confectionaries.

- Traditional Tory -

Sunak was barely known to the British public when Johnson made him chancellor, after only five years in Conservative politics. Covid-19 was then spreading, but not yet grounds for panic.

A month later, Johnson ordered the first nationwide lockdown, forcing the young chancellor to craft a massive financial rescue package to safeguard millions of jobs.

But while UK unemployment is now falling, Britons under Sunak's watch are also facing a cost-of-living squeeze with inflation accelerating at the fastest pace in decades.

While Johnson appears happy to splash the cash, Sunak has earned plaudits from Tory backbenchers for insisting that future generations must not be made to pay the bill.

Fiscal rectitude is key, he says, and his family values mark another return to Tory tradition after the thrice-married Johnson.

Sunak is also the first person born in the 1980s to hold one of the so-called four great offices of state: prime minister, chancellor, foreign secretary and home secretary.

He is the member of parliament for Richmond in Yorkshire, northern England -- a safe Conservative seat he took over in 2015 from former party leader and foreign secretary William Hague, who described Sunak as an "exceptional individual".

Theresa May gave the Brexit supporter his first job in government in January 2018, making him a junior minister for local government, parks and troubled families.

- Waiter to wealth -

Sunak's grandparents were from Punjab in northern India and emigrated to Britain from eastern Africa in the 1960s.

They arrived with "very little", Sunak told MPs in his maiden speech in 2015.

Sunak's father was a family doctor in Southampton on the southern English coast, and his mother ran a local pharmacy.

Born on May 12, 1980 in Southampton, he studied at Winchester College, one of Britain's leading private boarding schools, where he was head boy.

After waiting tables in a local Indian restaurant, Sunak studied at the University of Oxford, graduating with a first-class degree in philosophy, politics and economics.

In 2006, Sunak gained a master's degree in business administration from Stanford University in California, on a Fulbright scholarship.

He met Akshata at Stanford and they lived in California and then returned to Britain, where he worked in finance for Goldman Sachs before making millions in hedge funds.

The Sunaks have two young daughters -- along with a photogenic dog -- and the minister's Instagram-ready profile has earned him the media nickname of "Dishy Rishi".

But if Conservative MPs do tire of Johnson, Sunak's past investments and relative lack of experience will come under the spotlight.

(G.Gruner--BBZ)