Sexual discrimination 'still a real issue' in City financial firms - News Summed Up

Sexual discrimination 'still a real issue' in City financial firms


The recent tribunal case brought by banker Stacey Macken shows that sexual discrimination remains a problem in London’s financial district, despite the shockwaves from the #MeToo movement. While the harassment allegations were dismissed, they detailed the kind of behaviour that some women still tolerate on a daily basis, but are rarely publicised due to strict non-disclosure agreements. “No one really understands the scale of the issue because the majority of people are too afraid to report discrimination and harassment,” Macken told the Guardian. A recent survey of workers at Lloyd’s of London put those allegations into numbers, finding that 500 of its respondents either suffered or observed sexual harassment in the past 12 months alone. Artz also applauded the Financial Conduct Authority for confirming that sexual harassment is considered misconduct under City regulations.


Source: The Guardian October 14, 2019 05:00 UTC



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