Rishi Sunak urged to reveal links to firm with £380m stake in US coronavirus jab maker

James Murray, Shadow Financial Secretary to the Treasury, has urged Rishi Sunak to reveal any links to Moderna (Image: Getty)

Get our daily coronavirus email newsletter with all the news you need to know direct to your inbox

Sign upWhen you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.Thank you for subscribingWe have more newslettersShow meSee ourprivacy noticeInvalid Email

Labour has demanded to know if Rishi Sunak still has links to a firm with a £380million stake in US Covid-19 vaccine maker Moderna.

The Chancellor was a founder of investment firm Theleme Partners before leaving for politics in 2013.

Theleme gained after Moderna’s value soared from £4.7billion to £32bn due to its vaccine success.

The Government bought five million doses of its jab this month. Mr Sunak’s investments are in a “blind trust”, which protects against conflicts of interest as he himself does not know what he is invested in.

Vials of the Covid-19 vaccine with a Moderna logo
(Image: Reuters)

Read More
Related Articles

  • Get the day's biggest stories to your email – sign up for the Mirror newsletter

Read More
Related Articles

  • Nurses and MPs in coronavirus plea for Nightingale hospitals to be opened now

James Murray, Shadow Financial Secretary to the Treasury, urged Mr Sunak to reveal any links to Moderna, ­saying: “If [he] has nothing to hide, he should come clean.”

The Cabinet Office has said it was satisfied with what Mr Sunak put in the register of financial interests.

US biotech firm Moderna has announced a vaccine against Covid-19 that will be nearly 95% effective
(Image: Getty)

Meanwhile, it emerged Mr Sunak’s wife Akshata Murty, who has £430million of shares in family business Infosys, is richer than the Queen, worth £350million, according to the Sunday Times Rich List.

The Moderna row comes amid questions after Infosys won Government ­contracts worth £22million.

You may also like...