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Prime Minister faces questions over wife's shares in childminder agency

2 mins read Early Years
MPs have raised question over shares held by Prime Minister Rishi Sunak's wife in a childminder agency set to benefit from new government policies.
MPs have questioned Sunak's disclosure of his wife's financial interests in a childminder agency. Picture: UK Parliament
MPs have questioned Sunak's disclosure of his wife's financial interests in a childminder agency. Picture: UK Parliament

Announced in Chancellor Jeremy Hunt’s latest budget were measures to offer prospective childminders a £600 bonus and a £1,200 bonus to those signing on with one of six agencies, including Koru Kids that Akshata Murty holds shares in.

Appearing at a session of the House of Commons Liaison Committee this week Sunak acknowledged that the six agencies would benefit financially but failed to mention his wife’s shares in Koru Kids.

Murty was first listed as a shareholder in March 2021 and again in March this year in documents published on Companies House.

At the hearing, Labour MP Catherine McKinnell questioned the rationale of “the use of tax payers money to give double bonuses to sign up with private agencies rather than through the current system”. She then asked if “there was anything the Prime Minister wants to declare in respect of that?”

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