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The prime minister apologised for not declaring Akshata Murty's shares in Koru Kids after appearing before MPs.

Rachel Carrell, chief executive and founder of Koru Kids, said Ms Murty had believed in its childcare "mission" but "this message was lost in the media attention surrounding this investment".

Companies House records indicate Ms Murty has held shares in Koru Kids, a London-based childcare provider, since 2019.

Koru Kids was one of various childcare agencies that stood to potentially benefit from a childminder bonus scheme announced at that month's Budget.

Instead, the megayacht, named Koru, is hanging with huge oil tankers and general container ships.