Emma Reynolds appointed economic secretary to the Treasury

Torsten Bell appointed pensions minister

clock • 1 min read

Emma Reynolds has replaced Tulip Siddiq as economic secretary to the Treasury, following Siddiq's resignation over allegations about properties linked to her aunt Sheikh Hasina.

Reynolds is the Labour MP for Wycombe and served as parliamentary secretary in Treasury and parliamentary under-secretary to the Department for Work and Pensions from July, following Labour's general election victory. Siddiq resigned on Tuesday (14 January) following repeated questions over properties linked to Sheikh Hasina. Hasina, Siddiq's aunt, was ousted as Bangladesh's prime minister last August. In a letter to Prime Minister Keir Starmer, Siddiq noted that ethics adviser Laurie Magnus had found "no evidence to suggest I have acted improperly in relation to the property I have o...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

ABI appoints Kay Swinburne as chair

ABI appoints Kay Swinburne as chair

Effective immediately

Jaskeet Briah
clock 03 April 2025 • 2 min read
PDG responds to FCA Market Study update

PDG responds to FCA Market Study update

Expanded terms of reference

Cameron Roberts
clock 31 March 2025 • 2 min read
Banning commission is an 'extreme' outcome of Protection Market Study: FCA

Banning commission is an 'extreme' outcome of Protection Market Study: FCA

Regulator tells delegates at COVER Summit North conference

Jaskeet Briah
clock 27 March 2025 • 3 min read