logo
Former UK PM Rishi Sunak returns to Goldman Sachs in senior advisory role

Former UK PM Rishi Sunak returns to Goldman Sachs in senior advisory role

Indian Express6 hours ago
Former UK Prime Minister Rishi Sunak is rejoining Goldman Sachs in a senior advisory position, the Wall Street giant announced on Tuesday, marking a return to his financial roots just a year after leading the Conservative Party to its most crushing electoral defeat in over a century.
Sunak, who remains a Conservative MP for a constituency in northern England, first worked at Goldman Sachs as an analyst in the early 2000s before moving into hedge funds. He left finance for politics in the 2010s, eventually serving as Chancellor of the Exchequer and then Prime Minister.
Goldman Sachs CEO David Solomon said Sunak would 'work with leaders across the firm to advise our clients globally on a range of important topics, sharing his unique perspectives and insights on the macroeconomic and geopolitical landscape,' Reuters reported.
Sunak's return to Goldman comes after months of relative quiet following his resignation as Conservative Party leader in July 2024. Since then, he has taken up academic roles at Oxford and Stanford universities. His re-entry into the financial sector continues a well-trodden path for former British politicians leveraging their policy experience and global networks in the world of finance.
Sunak's wealth and privileged background, including his marriage to Akshata Murty—the daughter of Infosys co-founder Narayana Murthy—drew scrutiny during his political career, with critics arguing he was out of touch with ordinary Britons.
He now joins a growing list of former UK finance ministers entering the private sector: George Osborne joined BlackRock and advisory firm Robey Warshaw, while Sajid Javid became a partner at investment firm Centricus.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

District administration to propose renaming Dakshina Kannada as Mangaluru
District administration to propose renaming Dakshina Kannada as Mangaluru

New Indian Express

time2 hours ago

  • New Indian Express

District administration to propose renaming Dakshina Kannada as Mangaluru

Meanwhile, Dayanand Kathalsar of Mangaluru District Tulu Movement Committee and former chairman of Karnataka Tulu Sahitya Academy at a press briefing demanded the government to rename DK as Mangaluru district. He said that even in the Sangam literature, there is a mention of 'Tulunadu' and during Vijayanagara empire, Tulunadu was divided into 'Mangaluru Rajya' and 'Barkur Rajya'. "Though we are freed from the rule of the Portuguese and the British, names like 'South Canara' or the Dakshina Kannada given during their period are still used, which need to be changed," he said. KPCC general secretary Rakshit Shivaram said that when SM Krishna was the chief minister, he came up with the Brand Bengaluru concept similarly it is a time for 'Brand Mangaluru'. "We will soon meet the chief minister, DCM, the home minister and the district incharge minister and all the elected representatives and submit a memorandum. The present name is 'Dakshina Kannada' but we are not in the southern part of the state, instead we are in the Western part of the state. The highways, airport, port and the railway stations here are named after Mangaluru hence the district should also get the same name," he said.

After face slap, now Brigitte Macron snubs Emmanuel's hand — awkward royal visit moment caught on camera
After face slap, now Brigitte Macron snubs Emmanuel's hand — awkward royal visit moment caught on camera

Time of India

time3 hours ago

  • Time of India

After face slap, now Brigitte Macron snubs Emmanuel's hand — awkward royal visit moment caught on camera

In the UK for a state visit with the British Royal Family, French President Emmanuel Macron and his wife Brigitte landed on July 8. Rumors got ripe when Macron offered his hand to his better half while deboarding the RAF Northholt, which she ignored. This moment was caught on camera, and many people thought it looked like Brigitte snubbed Macron. Some online users called it a 'blatant brush-off', while others said maybe she just wanted to keep her balance or focus before meeting the royals, according to the report by People. This comes just two months after another viral moment in May, when Brigitte appeared to push Macron's face as they got off a plane in Vietnam. That older moment was explained by an official from Élysée Palace, saying they were just 'having a laugh' before starting their Southeast Asia trip, as per the report by Reuters. ALSO READ: Melinda Gates refuses to fund daughter's startup, despite $31 billion net worth The royal welcome and events Prince William and Kate Middleton, both 43, were waiting at the airport to greet the Macrons. Once on the ground, Macron kissed Kate's hand, which was unusual but not against royal protocol. The Macrons then joined King Charles and Queen Camilla for a welcome ceremony near Windsor Castle, where they'll be staying, as per the reports. Live Events Brigitte and Queen Camilla shared a laugh during the event, showing that everyone seemed in good spirits. Later, the French and British couples viewed French-related artwork from the Royal Collection in the Green Drawing Room of the castle, as per the report by People. ALSO READ: Apple AI head Ruoming Pang joins Meta as Zuckerberg boosts superintelligence team What's next on the visit? This is France's first state visit to the U.K. in 17 years. The trip lasts from July 8 to July 10, with more events planned, including a royal gala. Before arriving, Macron posted on X saying the U.K. is a 'strategic partner and friend'. He added that both countries will work together on things like security, defence, AI, culture, nuclear energy, and more, according to the report by People. FAQs Q1. Did Brigitte Macron snub Emmanuel Macron at UK visit? Brigitte ignored Emmanuel's hand while exiting the plane, sparking online buzz. Q2. What was the awkward Macron moment in the UK? Brigitte didn't take Emmanuel's hand, just months after a viral face-push in Vietnam.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store