A report last month found that just 36 per cent of senior leadership positions in the City are held by staff who come from lower socio-economic backgrounds. The City of London’s socio-economic diversity task force, which the Treasury and business department commissioned, has set a target for this to reach 50 per cent by 2030.
Major banks have signed up to set goals on class representation, but, writing for the Standard, Kate Willis asks if quotas are the answer.
Most of the campaigners and bankers she spoke to said that things have improved since the Sutton Trust’s report in 2016, which claimed that working-class students were “systematically locked out of the top jobs in investment banking”.
However, she goes on to say that some do still feel the ongoing prejudice.
Does the City have a class problem? Let us know in the comments or on our Instagram for your chance to be featured on the ES website.
On Friday we asked: What do you think of suburbs revolting against Sadiq Khan’s Ulez expansion?
The vast majority of responses on social media backed councils curbing the expansion of Ulez.
kw_1990_ldn on Instagram was one of those expressing that view: “Good they should just refuse to enforce it.”
thelondonwatchmaker said: “Just scrap it, it’s hurting the low end of the population.”
frogsandmogs criticised the Mayor: “London’s transport as a whole has gone backwards since Sadiq.”
mossman63 isn’t happy their car falls foul: “I bought my diesel 10 years ago, it’s cleaner they said … it’s cheaper they said … then they penalise me !”
Robert John, on Facebook, assessed the situation: “Some councils are asking for more time, some are refusing to cooperate. Total KHANage.”
On the other side of the argument, Rob Noon said it’s “car drivers whining yet again” while Paul Lee commented: “The suburbs need to do as they’re told! They’ve had years to prepare.”
Instagram user stormintormod also says the suburbs should get in line: “They’re the first ones to moan about air pollution. Are they thick or what?”
