Nadhim Zahawi has been fired by Rishi Sunak for a “serious breach” of the Ministerial Code, following days of controversy over the Conservative Party chairman’s tax affairs.

Nadhim Zahawi has been sacked as Conservative Party chairman by Rishi Sunak, after an ethics inquiry into the handling of his tax affairs found a “serious breach” of the Ministerial Code.

Rishi Sunak said the minister, who is defying Labour demands for his resignation, would stay on during the inquiry, launched as a series of scandals mounted.