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.
