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Treasury minister China role of Siddiq successor puts pressure on No 10

The Guardian

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January 16, 2025

No 10 has been accused of having a "revolving door" after it refused to say whether the new Treasury minister Emma Reynolds would recuse herself from policy on China after she lobbied the government on the issue.

- Rowena Mason

Treasury minister China role of Siddiq successor puts pressure on No 10

Reynolds, who worked as managing director for The City UK, a lobby group for banks and other financial services companies, had previously pressed the government to make China exempt from the strictest tier of rules on registration of foreign influence.

Reynolds replaced Tulip Siddiq as the City and anti-corruption minister. Siddiq had resigned on Tuesday over a furore about her use of properties linked to allies of her aunt, the ousted prime minister of Bangladesh.

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