Shadow Chancellor John McDonnell has challenged the new Chancellor Rishi Sunak to answer a series of questions about his past business dealings.

The call came following revelations that Sunak’s close associate Patrick Degorce participated in a multi-million pound tax avoidance scheme, Sunak’s old firm TCI Fund Management (UK) was sued for violating disclosure requirements under American law while Sunak worked at the firm, TCI Fund Management has had links to privatised healthcare, and TCI Fund Management appears to have been part of a web of companies with Cayman Islands links.

McDonnell said:

“Clearly Mr Sunak has questions to answer about his past activities and associations.”

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