Governor Andrew Bailey promises increased focus on inclusion after critical review
The governor of the Bank of England has pledged to do more to tackle systemic racial inequality after a hard-hitting review found the 327-year-old institution was failing to do enough to promote diversity.
In an article for the Guardian, Andrew Bailey conceded that structural and cultural change was needed in the light of a report by the Bank’s governing court detailing a series of failings and weaknesses in Threadneedle Street’s approach to inclusion.