UK has ‘significant’ ethnic wealth gaps, latest data suggest November 27, 2020 Wealth in the UK is divided along ethnic lines, the latest data from the Office for National Statistics suggest. White British headed households were the wealthiest ethnic group, according to data collected between 2016 and 2018. White households had a median net worth of nine times that of Black African households, the least wealthy ethnic [...]
Social responsibility belongs in the boardroom, not the marketing suite July 23, 2020 The issues that concern young people the most today — from the climate crisis and global pandemic to new conversations on race and privilege — are ones that also belong in the boardroom. Our world is changing fast, and so too are society’s expectations of corporate Britain — not just when it comes to the [...]
The sweetest thing: Ben & Jerry’s CEO on why businesses need a higher purpose January 13, 2020 What is the purpose of business? Should companies focus purely on selling their products and making money for their shareholders, or do they have a responsibility to give something back to the planet and try to do good? It’s a pertinent question, and one that has become increasingly relevant over the last decade. Nor is [...]
For richer or for poorer? The economic case for marriage is worth remembering December 4, 2019 An important piece of social news emerged last week. According to the Office for National Statistics, the divorce rate in 2018 fell to its lowest level for nearly 50 years. The overall trend is clear and well-established. The divorce rate rose steadily from the late 1950s, with sharp rises immediately following the Divorce Act of [...]
It’s International Day of Persons with Disabilities, and we need more inclusion in society December 3, 2019 As I type, it is impossible not to be reminded that my ability to do so — as someone who is registered blind — is because of the typewriter’s role as a 200-year-old example of disability inclusion. Early iterations of what led to perhaps the most ubiquitously used invention in the world — the keyboard [...]
No, your CEO can’t come paint our office: The 4 golden rules for CSR December 2, 2019 Two years ago, I launched Beam, a tech-for-good startup that crowdfunds employment training for homeless people and supports them into stable, paid work. Ever since we started to gain visibility, a number of brands have approached us with different propositions for demonstrating their corporate social responsibility (CSR) agendas. To paint a picture of what these approaches [...]
It’s time for aspiration and ability – not birth and background – to dictate progress July 8, 2019 In the UK, our sense of fair play is a source of national pride. We like to think that if you study hard at school and work hard in employment, opportunities are there for the taking. We are, however, increasingly finding evidence to the contrary. Throughout the country, we see those at the top being [...]
Penny Mordaunt poised to join Conservative leadership contest May 29, 2019 Defence secretary Penny Mordaunt is poised to join the increasingly crowded field of candidates seeking to succeed Theresa May as Prime Minister. In article for the Conservative Home website, set to be published at 9am on Thursday, Mordaunt warns the upcoming leadership contest must not descend into “a fight against competing factions” as she urges [...]
London pulls away from rest of UK in wealth, says first paper in major inequality study May 14, 2019 London has been far more economically productive than the rest of the country over the last two decades while earnings in the capital are much higher than elsewhere, a new study by the Institute for Fiscal Studies (IFS) has shown. Read more: Hammond has the cash to end austerity, IFS says The IFS has today [...]
UK financial services face talent crisis over social mobility and “boring” reputation April 21, 2019 The UK’s financial services sector is facing a talent crisis as would-be employees are put off by its reputation for being “boring”, a new survey has revealed. Research carried out by Big Four auditor KPMG showed 65 per cent of the UK population would not consider taking a job in the financial services sector. Read [...]