Rishi Sunak landed a plum job at Goldman Sachs after losing his role as Prime Minister last July. The former Conservative leader will work part-time giving advice to the banking giant's wealthy clients about politics and money matters. He stays on as MP for his Yorkshire seat and plans to donate every penny of his Goldman Sachs wages to a charity he started with his wife. The banking firm's top dog David Solomon says he feels thrilled to have Sunak back on the team. Sunak actually started his career at the same bank over twenty years ago as a junior analyst.
Government watchdogs worry that Goldman Sachs might gain unfair advantages from having an ex-Prime Minister on their books. They slapped strict limits on what Sunak can do for his new employers to prevent any dodgy dealings. He cannot lobby British officials or advise foreign governments about their investment funds. The restrictions also stop him from helping clients he dealt with during his time at Number 10. These rules will stay in place for two years after he left office.
Sunak has been cashing in since stepping down as PM with lucrative speaking gigs worth over half a million pounds. He also grabbed teaching positions at Oxford University and Stanford but takes no money for those roles. The former Chancellor made his name during the pandemic with schemes like furlough before becoming Prime Minister in October 2022.
Government watchdogs worry that Goldman Sachs might gain unfair advantages from having an ex-Prime Minister on their books. They slapped strict limits on what Sunak can do for his new employers to prevent any dodgy dealings. He cannot lobby British officials or advise foreign governments about their investment funds. The restrictions also stop him from helping clients he dealt with during his time at Number 10. These rules will stay in place for two years after he left office.
Sunak has been cashing in since stepping down as PM with lucrative speaking gigs worth over half a million pounds. He also grabbed teaching positions at Oxford University and Stanford but takes no money for those roles. The former Chancellor made his name during the pandemic with schemes like furlough before becoming Prime Minister in October 2022.
