Leading firms must publish figures on ethnic diversity, recommends report

New guidelines set out by the CMI and the British Academy of Management could lead to greater diversity in the workplace and help boost the UK economy

Britain’s biggest businesses must improve the diversity of their workforces, beginning by disclosing how many black, Asian and minority ethnic (BAME) employees they have, a report released this summer urged.

It comes from professional management body the CMI and the British Academy of Management.

It is estimated that £24bn could be added to the UK economy annually

Around 12.5 per cent of the UK population are BAME but they hold just six per cent of top management jobs. It is estimated that £24bn could be added to the UK economy annually if people from minorities were able to progress through their careers at the same rate as their white counterparts.

This article is featured in issue 91 of Positive News magazine. Become a subscriber member to receive Positive News magazine delivered to your door, plus you’ll get access to exclusive member benefits

You’re the solution that Positive News needs

Our small, dedicated team is passionate about building a better alternative to the negative news media. And there’s never been a greater urgency to our mission. 

To invest in producing all the solutions journalism that the world is longing for, we need funding. We’re asking readers like you to get behind us by making a regular or one-off contribution as a Positive News supporter. Please back our team today and, together, we’ll change the news for good.