Mr. Sunak has continued to give money to the school where he was principal since he became chancellor. The money funds scholarships for children whose parents would not otherwise be able to afford to send them to school. The school charges £ 43,335 per year or £ 14,445 per period. Mr Sunak cites the latest issue of the school magazine, the Wykeham Journal, with his wife Akshata Murthy as “Wykeham benefactors” – individuals whose total donations to Winchester College (including pledges) exceed £ 100,000. ” . A spokesman for the chancellor said: “Risi and his wife have donated to many charities and charities for many years and will continue to do so. “These donations are made to help fund scholarships for children who would not otherwise have the opportunity to go to Winchester.” Image: Winchester College charges .3 43,335 per year “Winchester is part of the reason I’m a chancellor” In a recent interview with Sky News, Mr Sunak said of his time in Winchester: “I was really lucky to have this opportunity. It was something really great, it definitely put my life on a different trajectory. “Like I said, it’s part of the reason I’m sitting here and I’m really grateful I had this opportunity. “And I look back at that time. It helps me do what I’m like as a person and it helps me do the job the way I do. “And it confirms to me that education is one of the best tools we have at our disposal in politics to spread opportunities.” Use the Chrome browser for a more accessible video player 14:44 Interviews with Beth Rigby … Rishi Sunak The Wykeham Patrons Club Sunak became an MP in 2015, a minister in January 2018, joined the cabinet in 2019 and became chancellor in January 2020. He was first inducted into the Wykeham Patrons in 2014, which means he has donated more than .000 25,000 in the past five years. In 2015 he re-entered the list, but this time he was named together next to his wife. They both remain at Wykeham Patrons until 2020, when he and his wife also joined Wykeham Benefactors, which means they have donated more than 100 100,000. Use the Chrome browser for a more accessible video player 0:56 Rishi Sunak avoids the leadership question No increase in the state school budget for 15 years The news of the donation comes at a time when questions have been raised about the size of the state school budget, which was raised in Mr Sunak’s autumn review. The Institute for Financial Studies (IFS), however, concluded: “The 2021 expenditure review included an additional ,4 4.4 billion £ for the school budget in 2024 compared to previous plans. “In combination with the existing plans, we predict that the expenditures per student in 2024 will be approximately at the same level as in 2010. “Although this will reverse the previous cuts, it will mean 15 years without an overall increase in spending. “This squeezing of school resources is virtually unprecedented in the post-war history of the United Kingdom.” IFS says that in 2020-21, private schools spent almost twice as much per student – 92% more – than public schools. A millionaire married to the daughter of a billionaire The cost-of-living crisis has eased questions about the chancellor’s personal wealth, as it left Tory lawmakers wondering if it left the less affluent enough cash to live on. Mr. Sunak is a millionaire on his own and his wife is the daughter of a billionaire, NR Narayana Murthy, who founded technology consulting firm Infosys. Use the Chrome browser for a more accessible video player 1:12 Sunak denies any connection to her husband’s IT company Infosys is expected to close its Moscow office following questions last week about their activities, which were addressed to Mr Sunak following the spring statement. He owns a property in California and despite speculation that he is abroad, Mr. Sunak appears to be in London. Clare Foges, assistant to Tory Number 10 and speechwriter under David Cameron, wrote this week: “I realize that Sunak’s talents, perhaps unjustly, will always be overshadowed by the mountains of cash in his family vault. “I do not think the British public would be allergic to a mere old millionaire prime minister. “Someone at 1% even 0.1%, but by my calculations for Sunak’s family fortune puts him at at least 0.0001%, and that is probably a long way from the people he would lead.”
