Rishi Sunak is being investigated by Parliament’s standards watchdog over a possible failure to declare an interest and if a declaration he made was ‘open and frank’. His wife Akshata holds shares in Koru Kids childcare agency, which could benefit from a new policy unveiled in the spring Budget. It is a pilot of payments for childminders, with more for those who sign up through agencies. Akshata was listed as a shareholder in Koru Kids as recently as 6 March. On 28 March Mr Sunak did not mention her links to Koru Kids when he was questioned over the childcare policy at a parliamentary hearing. When he was asked whether he had any interest to declare, he replied, ‘No, all my disclosures are declared in the normal way’. After the hearing, Mr Sunak sent a letter to the committee saying an updated statement of ministers' interests would be released shortly.