Tuesday Jul 23, 2024

The EDI Hydra

After a week that included the attempted assassination of former President Trump and the breaking news that President Biden will no longer be standing in November’s US election, we discuss how political polarisation so rapidly fosters an environment in which cancel culture thrives. Of particular note is the manner in which many on the right are now calling for the cancellation of people making off colour remarks about the attempt on President Trump’s life, a troubling phenomenon that Brendan O’Neill writes about this week in the Spectator. Closer to home, and in the wake of last year’s debanking of Nigel Farage, we discuss the findings from a review by the Financial Conduct Authority (‘FCA’) on whether parliamentarians, senior public servants and their families are treated fairly by financial institutions. As the Guardian reports, the FCA is telling financial firms to ensure their definition of a PEP (politically exposed person), family member, or close associate is “tightened to the minimum required by law” and not to go beyond that. In light of the FCA’s advice, the FSU will be writing to Tulip Siddiq, the Economic Secretary to the Treasury and City Minister, to remind her that the amendments to the Payment Services Regulations that we campaigned for enjoyed cross-party support and the present Government should now get on and make them. The fight against politicised Equity, Diversity & Inclusion (‘EDI’) training in the workplace looks set to continue as the Mayor of London, Sadiq Khan, launches a four-year scheme to ‘embed an inclusive culture’ and reduce ‘microaggressions’ at Transport for London (TfL) – something that is expected to ratchet up a bill close to £2.5m. As the Telegraph highlights, unconscious bias training was scrapped at central government level four years ago after an official review found the courses did not change behaviour or improve workplace equality. Like the Lernaean Hydra, it seems that no sooner do we chop one head off the EDI monster than two more grow back.

‘That's Debatable!’  is edited by Jason Clift.

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