News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

News

TUC calls for ethnicity pay gap reporting as pandemic hits Black and minority groups harder

One in 12 BAME workers are now unemployed, compared to one in 22 white workers

Frances O'Grady, general secretary of the Trades Union Congress, is urging the government to introduce mandatory ethnicity pay gap reporting, similar to gender pay gap reporting, which became obligatory for companies with more than 250 employees from 2017
Frances O'Grady, general secretary of the Trades Union Congress, is urging the government to introduce mandatory ethnicity pay gap reporting, similar to gender pay gap reporting, which became obligatory for companies with more than 250 employees from 2017 Photo: Getty Images

The pandemic has had a disproportionate impact on people from Black, Asian and minority ethnic backgrounds, fuelling scrutiny into the structural reasons why – across the country and in the City.

There are now 7% fewer workers from BAME backgrounds – or more than 14,000 – in the financial and insurance sectors since the beginning of the pandemic, analysis by the Trade Unions Congress has found.

WSJ Logo