But the Bank of England has introduced new guidance which threatens to disrupt decades of tradition in the City. Under the rules, 'anyone is welcome to wear a suit with high heels' regardless of their gender, while 'trans men may wear large earrings', 'cis men may wear eyeshadow' and 'trans women may have facial hair'. The guidance is designed for Bank of England staff to dress in a way that allows them to switch between presenting as male or female 'within the same outfit'. A 'genderfluid person may wear a suit to work some days and a dress to work other days', the updated rules state. The new dress code, seen by The Telegraph, forms part of the Bank of England's Trans Equality and Transitioning at Work Guidance.

Source: Daily Mail February 15, 2026 15:16 UTC