Tulip Siddiq has resigned from her role as a Treasury minister.
It comes after allegations emerged about properties linked to her aunt, the ousted former Bangladeshi prime minister Sheikh Hasina.
In a letter to the prime minister, the Labour MP said that while she had “not breached the ministerial code”, it is clear that continuing in her post would be “a distraction from the work of the government”.
Ms Siddiq referred herself to the prime minister’s ethics watchdog after coming under increasing pressure over the allegations about properties linked to her aunt’s political movement.
It is alleged that she lived in properties linked to allies of Ms Hasina, the deposed prime minister of Bangladesh.
Ms Siddiq previously insisted she had “done nothing wrong”, although Conservative leader Kemi Badenoch called on Sir Keir Starmer to sack her over the weekend.
Ms Hasina was ousted from office in August following an uprising against her 20-year leadership and fled to India.
Ms Siddiq is also named with her aunt in Bangladesh court documents about meetings with the Russian government.
She had been due to join a delegation heading to China last week, but stayed in the UK to fight to clear her name.
Read more:
What are the allegations against Tulip Siddiq?
This breaking news story is being updated and more details will be published shortly.
Please refresh the page for the fullest version.
You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.