Mr Sunak is reported to have shared a draft resignation statement with allies after both he and Boris Johnson were fined for attending the then prime minister's birthday celebration in Downing Street in June 2020.

Among those he reportedly spoke to were former Conservative leader and Times columnist Lord William Hague, and Lord Daniel Finkelstein, a former executive editor and current columnist at the newspaper - owned by Mr Murdoch's News Corp.

Mr Sunak also had a conversation about his potential resignation with Mas Siddiqui - an old friend, former Goldman Sachs colleague and News Corp director - according to The Daily Telegraph.

Allies of Mr Johnson have told people that Mr Murdoch intervened to persuade Mr Sunak not to quit, according to the paper, reporting on claims in a new book by its political editor Ben Riley-Smith.

However, a Number 10 source said Mr Sunak did not speak directly to Mr Murdoch at any time about his potential resignation.

It is unknown whether a message was passed directly from Mr Murdoch to Mr Sunak.

It's the latest report to suggest that Mr Sunak was on the verge of resigning after he was fined by police for breaching COVID lockdown rules.

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Mr Sunak came under pressure to resign as chancellor after the fixed-penalty notice was issued in April 2022.

After spending hours reportedly agonising over the decision, he ultimately decided to stay in Downing Street along with Mr Johnson.

However, he quit in July, shortly after the resignation of then health secretary, Sajid Javid.

His resignation helped spark a mass ministerial walkout, which eventually forced Mr Johnson to step down as prime minister.

A spokeswoman for News UK declined to comment, while a spokesman for Mr Johnson said that he does not recognise the account.