Borrowing was £17.4bn last month, the second highest October figure since monthly records began in 1993.
Patrick Crowder
Metro Bank has partnered with the consultancy firm BAME Recruitment in order to promote diversity and inclusion in their company. According to BAME Recruitment, they are “working on ways to better attract and retain staff from Black, Asian and minority ethnic, LGBTQ+, Female Leaders, people living with a disability and other diverse backgrounds.”
Workplace diversity is essential because it encourages people from different backgrounds to work together and combine their experiences in a productive way. It also ensures that groups of people are not excluded from certain sectors based on race, ethnicity, religion, sexual orientation, gender, or background.
Aside from the societal benefits of a diverse workplace, evidence shows that diversity can help grow a business. A study conducted by management consultants McKinsey and Company shows that companies with a higher level of representation than the national average can outperform other less diverse companies by up to 36 per cent.
As of 2019, 50 per cent of Metro Bank’s Executive Leadership Team were women, and the company as a whole was about 40% white. BAME Recruitment promises to build a “truly inclusive working environment” where “everybody can be their authentic selves” and be proud of who they are.
Simi Dubb, Director of Colleague Experience and Inclusion, has said that they are “proud to partner with BAME Recruitment as they focus on social change and will support us on our priorities towards being the UK’s best community bank,” adding that “Both (Metro Bank and BAME Recruitment) have a shared vision, putting people at the heart of everything we do.”
Metro Bank is the most recent company on a long list of clients. BAME Recruitment is already recruiting for many major organisations, including Aldi, Capitol One, Bank of England, Oxford and Cambridge Universities, and more.