The inquiry, which was launched by the Prime Minister’s independent adviser on ministers’ interests Lord Christopher Geidt last month, following the Chancellor’s personal request, has cleared Sunak of all counts stating that Sunak had declared his interests correctly and had been ‘assiduous in meeting his obligations and in engaging with this investigation’.

Lord Geidt was to examine whether ‘any specific circumstances which could have given rise to a conflict of interest’ in relation to Sunak’s green card and his wife Akshata Murty’s non-domilice tax status.

The enquiry found two instances where Murty’s tax status ‘could have given rise’ to a conflict of interest, the first regarded his wife’s tax status where Sunak informed the permanent secretary of the potential risk when working on a policy incentivising inward investment.

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