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Minister without Portfolio Nadhim Zahawi arrives in Downing Street, London, ahead of a Cabinet meeting
FORMER chancellor Nadhim Zahawi has agreed to pay several million pounds in tax following questions over his finances.
Conservative Party chairman Mr Zahawi, who served as chancellor from July 5 to September 6 last year, has been questioned over whether he avoided tax by using an offshore company to hold shares in YouGov, a polling company he co-founded.
His family trust, Balshore Investments, is registered in Gibraltar and holds a stake worth more than £20 million in the company, but he reportedly sold it by the end of 2018.
A sharp rise in public-sector investment is required to kick-start the economy, argues MICHAEL BURKE
It is rather strange that Labour continues to give prestigious roles to inappropriate, controversy-mired businessmen who are also major Tory donors. What could Labour possibly be hoping to get out of it, asks SOLOMON HUGHES