The race to replace Boris Johnson in Downing Street turned nasty as Nadhim Zahawi hit out at “smears” over his finances and a memo criticizing Rishi Sunak emerged.
Mr Zahawi denounced “unfair” reports about his financial affairs and pledged to publish his tax return annually if he becomes Prime Minister, while his predecessor as chancellor faced a critical dossier declaring “there is nothing Conservative about the ‘Big Tax and Big Spend’ agenda of Rishi Sunak”.
