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30.11 - 13:57
Sajid Javid under pressure over share options in US health tech firm
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theguardian.comHealth secretary Sajid Javid is facing questions over share options he continues to hold in the hi-tech US company he worked for until rejoining the cabinet in June – and which operates in the healthcare sector.
Javid was paid the equivalent of £150,000 a year by C3.ai, a California firm specialising in artificial intelligence (AI), from October last year until he was given the job of health secretary.
As part of his remuneration package, he was also given “an option for 666.7 shares per month”.
According to the health secretary’s current entry in the register of MPs’ interests, he continues to hold these options, which he reports have a market value of approximately £45,000.
Deputy Labour leader Angela Rayner has written to the prime
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