Financial watchdogs ditch DEI regulation and ‘name and shame’ plans March 12, 2025 The UK’s two main financial watchdogs have ditched plans to impose diversity, equity and inclusion (DEI) targets on City institutions amid a government push to put Britain’s regulators on a growth footing. The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) announced on Wednesday that in light of the “broad range” of feedback and [...]
Elon Musk is paying the price for mixing business with politics March 3, 2025 Tesla sales are collapsing in Europe as the public are put off by Elon Musk’s vocal support for Donald Trump. It’s an object lesson in how politics can come at a cost to business, says Eliot Wilson Last week it was reported that Tesla sales in Europe fell by 45 per cent in January compared [...]
Rumours of the death of DEI have been greatly exaggerated February 19, 2025 Donald Trump and Elon Musk may be dismantling DEI in the States, but in Britain and Europe it remains buried deep. We must root it out or risk being left poor, defenceless and exposed, says James Price A few years ago, the term ‘vibe shift’ entered the online lexicon. Broadly, it describes a moment of [...]
Barclays and Natwest drop climate targets from executive bonuses February 18, 2025 Banking giants Barclays and Natwest will both drop climate targets from their annual bonus schemes for senior executives. The move reflects a wider shift underway in the corporate world, removing a formal link between climate and diversity targets and remuneration. Both lenders will cut sustainability metrics as performance measures from annual award schemes, and instead roll [...]
Goldman Sachs scraps diversity rule that ‘served its purpose’ February 12, 2025 Goldman Sachs has scrapped a diversity rule which barred it from advising all male, all white boards on company flotations. The now-ditched rule stated the investment bank would only help a business sell its shares on a stock exchange if it had two board members that fitted diversity requirements – one of whom had to [...]
Could Trump’s DEI backlash flow into London? The law will get in the way first February 5, 2025 Trump's push on an anti-DEI agenda is starting to cause a headache at global businesses. But what is the law around this in the UK? And what is the legal sector going to do?
The Debate: Should businesses have DEI quotas? January 30, 2025 Trump's America is turning the tide on woke, but are DEI quotas good for business? Our writers hash it out in this week’s Debate.
In defence of ‘Woke Capitalism’ October 2, 2024 DEI schemes are there to improve businesses and equality. What are the opponents of 'woke capitalism' so afraid of, asks Eleanor Kaye.
Good riddance Woke Capitalism. We can get back to business now September 26, 2024 The era of ESG and DEI finally seems to be waning, thank god! So why can't Britain also let Woke Capitalism go, asks Fred de Fossard.