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Tulip Siddiq made city minister: Report

Siddiq is keen to push the market regulator Financial Conduct Authority to do more to remove barriers to competitiveness and growth

Tulip Siddiq made city minister: Report

Tulip Siddiq has been appointed city minister, the minister responsible for overseeing the financial services sector, Bloomberg News reported on Tuesday.

Labour won a thumping election victory last week, propelling Keir Starmer to power as prime minister. Siddiq, 41, retained her seat at Hampstead and Highgate.


She has led Labour's efforts to develop policies for the financial services industry, known as 'the City' after the City of London financial district, since 2021.

Her appointment has not been formally announced by the government.

In May she told the Financial Times that Labour would push the market regulator Financial Conduct Authority to do more to remove barriers to competitiveness and growth.

New finance minister Rachel Reeves on Monday launched a new "national mission" to drive economic growth, setting out plans to increase housebuilding, unblock infrastructure projects and attract private investment.

Siddiq would succeed Bim Afolami, a former HSBC banker who held the role under the previous Conservative government. (Reuters)

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BAPS Paris temple dedication marks 56 years of hope for Hindu community in France
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BAPS Paris temple dedication marks 56 years of hope for Hindu community in France

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  • His Holiness Pujya Mahant Swami Maharaj, spiritual head of BAPS, presided over the ceremonies as part of a 13-day Festival of Culture, the Paris Mandir Mahotsav, running from September 2 to 14.
  • The temple was built with hand-carved stone sourced and sculpted in India.
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FRANCE's first traditional, purpose-built Hindu stone temple will be dedicated on Sunday (6) in Bussy-Saint-Georges, an eastern suburb of Paris, marking the end of a 56-year wait since prayers for a spiritual home in France were first expressed in 1970.

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