If the City fails to tackle this issue head-on then not only is it depriving itself of valuable skills but also the diversity in perspectives needed to innovate.
Simply having 'more of the same' will lead to stagnation. Other cities will not make the same mistakes and London will lose competitive advantage. It's also just simply unfair.
This is an issue for policy-makers as well as the City and individual firms. It can only be assumed that these same feelings exist across other groups as well, especially LBGT and BME.
The City is renowned for being an ‘old boy’s club’, despite an increasing number of diversity targets at companies including Barclays and Lloyds. But even with its reputation it’s still disheartening to see that a majority of young women in finance don’t think they can make it to the top.