Ex-chancellor Nadhim Zahawi within the operating to chair Very Group

The stories come forward of the UK’s normal election, the date of which has not been set.

Within the case that Zahawi accepts the function of Very Group chairman, he can be obliged to step down from the Conservative get together forward of the election, Sky Information has reported. He has been MP for Startford-upon-Avon since 2010.

Most notably, Zahawi held the function of chancellor of the exchequer between 5 July 2022 and 6 September 2022. Previous to this, he was the secretary of state for schooling from 15 September 2021 to July 2022 and parliamentary beneath secretary of state on the Division of Well being and Social Care from 28 November 2020 to fifteen September 2021.

Former Very Group chairman Dirk Van den Berghe stepped down from the Liverpool-based on-line retailer and monetary providers supplier in February.

On 27 February, Very Group introduced a £125m funding because it posted a loss earlier than tax of £2m for the 26 weeks to 30 December.

Very Group wouldn’t remark however confirmed that the seek for a brand new chairman is “nicely superior”.

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