The position of the prime minister’s wife as a shareholder in a company that could benefit from an agreement is a major headache for No 10
The position of the PM’s wife as a shareholder in a company that could benefit from an agreement is a major headache for No 10With a general election not far away and the economy still struggling, Rishi Sunak is on the hunt for good news. Next month he will be in New Delhi for the G20 summit – a visit that will be unusually rich with picture opportunities and chances to strike deals.
Agreement between the world’s fifth and sixth biggest economies to reduce tariffs on UK exports such as Scotch whisky and cars, and increase still further access for Indian workers to the UK, would be a big deal for Sunak. But there are issues worrying Downing Street.already tops the list of nations sending citizens to the UK. Between June 2022 and June 2023, the number of Indian health and care workers entering the UK leapt by 81% from 18,570 to 33,669. Indians also topped other categories.
There is, though, another fear nagging away inside No 10 and the Foreign Office. In return for lowering tariffs on UK exports to Indian markets, Delhi is asking for more visas for skilled workers such as IT professionals who work for Indian technology companies that have invested in Britain. India also wants improved access for young Indians to the UK.
NR Narayana Murthy. Although Akshata has only a 0.93% holding in the company, it is still worth £481.2m and accounted for the vast majority of the Sunak family’s wealth when theShivendra Singh, vice-president and head of global trade at Nasscom, the IT industry body, said: “New-age technology such as generative AI, blockchain and machine learning have widened the demand-supply gap. We want to make it easier for IT workers to go to Britain to fill the gap on projects and then come back.
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