Banks to Do More to Break the Class Ceiling

uk banks have been told to break the class ceiling with new targets to boost diversity amongst senior hires by 2030. City of London corporation has said the moves are crucial for improving diversity and boosting growth in the sector. Half of all uk financial services employees are currently from non-professional backgrounds defined as working class and intermediate backgrounds yet these groups tend to progress 25 slower than their peers. Just over a third 36% of those employees managed to climb that out of senior levels according to report.

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