Kay Burley asks Nadhim Zahawi about £20m of shares held in a Gibraltar-based company. The chancellor says his father, who does not live in the UK, was the beneficiary of the investment. Read more: KayBurley 📺 Sky 501, Freeview 233 and YouTube
He's looking at reducing corporation tax; income tax and National Insurance. He's also promised to honour a 9% pay increase for junior teachers but won't commit to a similar pledge for other public sector workers because we're facing"a national emergency".
"I was clearly being smeared. I was told that the Serious Fraud Office, the National Crime Agency, HMRC were looking into me. Have you told us everything about your business affairs that could potentially impact your future ability to be PM?Have you ever used offshore companies or services firms based in tax havens for the purchase of property or properties in the UK?"Yes, we have."Press reporting alleges that, according to Companies House records, you once held £20m of YouGov shares in a Gibraltar-based company, Balford Investments.
To be fair, he's not alone in his abundant wealth. Several of the runners and riders are multi-millionaires including Rishi Sunak, Sajid Javid, Jeremy Hunt and Grant Shapps.PM resignation. What happens next?
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Conservative leadership hopeful Nadhim Zahawi says he is 'clearly being smeared' over tax allegationsNadhim Zahawi has told Sky's KayBurley he is 'clearly being smeared' after questions were reportedly raised about his personal finances before his appointment as chancellor
Read more »
'Boy from Baghdad' Nadhim Zahawi to pitch to become next PM as tax cutting, unity candidate'I know what it is like to struggle to get by. I remember my mum having to pawn her jewellery just to try and put food on the table. We had nothing'
Read more »
Nadhim Zahawi and Grant Shapps latest Tories to launch leadership bidNadhim Zahawi and Grant Shapps have become the latest Tories to launch bids for leader of the Conservative Party.
Read more »
Nadhim Zahawi vows to 'stabilise economy' as he launches leadership bidNEWLY-appointed Chancellor Nadhim Zahawi has thrown his hat into the ring for Tory leader, joining his predecessor Rishi Sunak, and becoming the second Cabinet minister to declare their ambition in…
Read more »
Nadhim Zahawi and Grant Shapps enter race to become next Prime MinisterNadhim Zahawi and Grant Shapps have become the latest Tories to launch bids for leader of the Conservative Party.
Read more »