Westminster Business Forum

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Improving diversity in UK financial and professional services - policy developments, next steps, best practice, and priorities for employers

August 2021


Price: £95 PLUS VAT
Format: DOWNLOADABLE PDF


When it happened…


Thursday, 15 July 2021


What delegates came to discuss…


This conference discussed the next steps for improving diversity in the sector, as well as key priorities for the independent taskforce commissioned by HMT and BEIS to boost socio-economic diversity in UK financial and professional services as it begins its work.


We were pleased to be able to include in this conference keynote contributions from: Catherine McGuinness, Chair, Socio-economic Diversity in UK Financial and Professional Services Sectors Independent Taskforce and Policy Chair, City of London Corporation; Clare Cole, Director of Market Oversight, Financial Conduct Authority; Paula Kemp, Employer Engagement Lead - Employers Programme, Social Mobility Commission; and Nik Miller, Chief Executive, Bridge Group.


There were also best practice case studies on:


  • supporting women working in technology - with Anna Somaiya, Lead, IT’s Her Future Programme, KPMG
  • building workplace cultures that are psychologically safe for employees from an ethnic minority background - with Farimah Darbyshire, Head of Programmes, City Mental Health Alliances
  • social and structural approaches to improving disability inclusion - with Esi Hardy, Managing Director and Disability Inclusion Expert, Celebrating Disability
  • improving inclusivity in relation to gender identity and sexuality - with Jonny Briggs, Head of Talent Acquisition and Inclusion, Aviva
  • engaging young people studying geography and business studies on the relevance of careers in real estate - with Sarah Musgrove, Executive Director, Urban Land Institute

Overall, areas for discussion included:


  • priorities for the Socio-economic Diversity Taskforce as it begins its work
  • the current landscape in financial and professional services
  • addressing key issues and developing best practice for advancing diversity and inclusion within the sector
  • the social and business cases for encouraging socio-economic diversity, and opportunities within the Government’s policy agenda

Who attended…


Officials from the Cabinet Office; the Department of Digital, Culture, Media & Sports; the Department for Work and Pensions; Government Legal Department; HM Treasury; the Home Office; the Ministry of Justice; the National Audit Office; The Scottish Government and the Welsh Government.


Representatives from Aegis the Union; Allen & Overy; Association of Translation Companies; Bank of England; Browne Jacobson; City of London; Clifford Chance; Community; DAC Beachcroft; Financial Conduct Authority; Flood Re; Grant Thornton UK; Hill Dickinson; Humber Learning Consortium; Jersey Finance; Leadership Through Sport & Business; Lewis Silkin; Manchester Metropolitan University; National Nuclear Laboratory; Organisation Development & Research; Payment Systems Regulator; PwC UK; Queen Mary University of London; The Association of Mortgage Intermediaries; and University of Central Lancashire.


Press: Bonhill Group and Money Marketing.



This pack includes

  • Dropbox video recording of the conference
  • PDF transcript of the discussion, including all speaker remarks and Q&A
  • PDFs of speakers' slide material (subject to permission)
  • PDFs of the delegate pack, including speaker biographies and attendee list
  • PDFs of delegate articles