FCA’s diversity requirements go ‘far beyond remit’, report warns October 21, 2025 The Financial Conduct Authority (FCA) and other public sector diversity initiatives go “far beyond” remits set by legal requirements, a report has warned, prompting Reform UK to vow to reset systems to reward “talent and merit alone”. Analysis in a paper by the Institute of Economic Affairs (IEA) has suggested that diversity policies advanced by [...]
Fewer than 1 in 5 senior finance roles held by women September 22, 2025 Women make up less than 20 per cent of senior leadership roles at UK financial services businesses, highlighting the persistent gender gap at the top of the industry. According to new data by employment law firm Fox & Partners, out of the 66,860 senior executives in UK financial services businesses, only 12,430 are held by [...]
City watchdog sacked 12 for misconduct amid crackdown on firms August 13, 2025 The Financial Conduct Authority sacked 12 workers as a result of misconduct allegations, City AM can reveal. Official figures show nearly 40 members of staff were formally disciplined by the City watchdog between 2022 and 2024 due to misconduct. A dozen of these were dismissed from their post with 10 handed a “final written warning”. [...]
Debate: Is the civil service’s working class internship scheme a step forward? August 6, 2025 As of October, the civil service's main internship scheme will be restricted to applicants from a working class background. Is this progress?
Barclays follows HSBC in ditching net zero banks club August 1, 2025 Barclays has become the second London-based bank to exit the net zero banks club as the financial services industry continues to row back on climate policies. The FTSE 100 giant – which recorded a £1bn profit jump for the second quarter – said on Friday the UN-convened Net Zero Banking Alliance (NZBA) “no longer has [...]
London could have new bridges for free – but we’re funding Nimbys and woke charities instead July 31, 2025 The City Bridge Foundation is an ancient fund with deep pockets whose specific purpose is to build and maintain London’s bridges – so why is it paying for woke charities and indirectly giving money to Nimby groups? Asks John Murphy “Politics is all about trade-offs,” we’re told. “You can’t please everyone,” says the wizened old [...]
Corporate retreat from DEI isn’t smart, it’s wimpish July 11, 2025 Brands retreating from DEI in a bid not to offend anybody will soon find themselves irrelevant, writes Jack Richards.
Corporate Pride, where art thou gone? July 5, 2025 Sure, Corporate Pride was far from perfect, but I'd take the rainbow lanyards over silence, writes Geraldine Gallacher.
Is Labour changing its mind about the OBR? June 27, 2025 Labour is becoming increasingly disillusioned with the OBR as the reality sets in that no anount of forecasting can solve Britain’s spending problems, says Paul Ormerod How fashions change! Less than a year ago, Labour politicians were falling over themselves to praise the Office for Budget Responsibility (OBR). Labour was elected on a promise of [...]
Blaise Metreweli is a boot in the face for DEI June 23, 2025 Blaise Metreweli has been appointed as the first female head of MI6 from an all-woman shortlist composed on merit alone. It’s proof that some women don’t need DEI to break glass ceilings, says Eliot Wilson Just over a week ago, it was announced that Blaise Metreweli, a career intelligence officer currently serving as director general [...]