Tulip Siddiq resigns as economic secretary following weeks of pressure

Relates to alleged Bangladeshi financial links

Eve Maddock-Jones
clock • 1 min read

Tulip Siddiq has resigned as economic secretary to the Treasury, after repeated questions about her financial links to the ousted Bangladeshi government run by her aunt.

In a letter to the prime minister, Siddiq thanked him for the "confidence" he had shown towards her in recent weeks and said she had been grateful for having the chance to "share the full details of my finances and living arrangements, both present and historic". Siddiq has been under pressure over allegations about properties linked to her aunt Sheikh Hasina, who was deposed as Bangladesh's longest-serving prime minister in August. The now former minister referred herself to the PM's ethics watchdog last week over the matter. She said in the letter that ethics adviser Laurie Magnu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on People

People Moves: Former Brooks Macdonald chief technology officer joins Openwork

People Moves: Former Brooks Macdonald chief technology officer joins Openwork

Adam Jones takes the role

Professional Adviser
clock 09 March 2026 • 1 min read
Next Generation Advisers: Meet Wren Sterling's Melissa Ellis

Next Generation Advisers: Meet Wren Sterling's Melissa Ellis

‘This industry has a longevity problem - and we need to address it now’

Isabel Baxter
clock 03 March 2026 • 3 min read
PIMFA names Lord Tyrie chair

PIMFA names Lord Tyrie chair

Lord Deben stepping down after nine years

Jen Frost
clock 03 March 2026 • 2 min read