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GBNews published this video item, entitled “What does the law say about linking pay to identity politics?” – below is their description.
The Financial Conduct Authority and the the Bank of England want to speed up progress in making the City of London more diverse, in a step they said could help to boost the safety and soundness of UK banks and investment firms.
Their suggestion is to make senior business executives have their pay linked to progress in making their workforces more diverse and inclusive.
But what does the law say about linking pay to identity politics?
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The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.
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