Treasury is concerned about dominance of people from privileged families in finance
The Treasury is aiming to reduce the number of senior City roles held by people from privileged backgrounds, amid fears that those from less affluent families are being left behind.
The Treasury and business department are launching an independent taskforce – led by the City of London Corporation – to address a lack of socioeconomic diversity across financial and professional services, including banks, investment funds, accountancy and law firms.
