The Tory party are making themselves useful at last.
In writing to Rachel Reeves, they’re objecting to regulations that would force businesses to collect data on… You guessed it, diversity and inclusion.
It will apparently cost the city up to £1 billion. Oh, God, make it stop. The Tories have got a nerve, though. They let this baloney run wild whilst they were in office. Unforgivable.
But here we have it. Rachel Reeves seems to be prepared to continue with their legacy and effectively make it worse. Another bad decision from Rachel, although very much in keeping with her style.
Nana Akua shares her views on the latest diversity and inclusion drive from Labour
GB News
The new regulations, which have been drawn up by the FCA, that is the Financial Conduct Authority and the Prudential Regulatory Authority, the PRA will mean the companies will have to complete compulsory reporting of sex, gender, ethnicity, age, disability, religion and sexual orientation.
What have they got to do with the price of fish? Can the person do the job or not?
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That’s what the bosses want to know, not whether you’re straight, gay or something else. Who cares?
In a world where we all want to be treated as equal, why should these things matter or even be relevant?
In any case, most firms collect a lot of this information anyway. But why do you need to know what someone’s sexual orientation is?
What makes Rachel think people will willingly give this information in the first instance?
Tory MP’s have written to Rachel Reeves
ITV Pool
It is a complete overreach under the guise of diversity and inclusion. It’s just not relevant.
It’s segregating. When you’re segregating, you divide people further. It’s just absurd.
Andrew Griffith MP the Shadow Business and Trade secretary, Mark Garnier MP the Shadow Economic Secretary to the Treasury and Claire Coutinho MP the Shadow Women’s and Equalities minister have written to the Chancellor urging her to stop these regulations from coming into force.
In a letter, they stated that the proposed regulations would threaten British competitiveness, erode meritocracy in British financial services, and embed scientifically unsound and contested ideological principles into regulations.
Nana Akua fumed over the new regulations
GB News
They also pointed out that it would come at significant cost to the city, and to put all of this in place, it could cost about £1 billion.
Now, a Treasury spokesperson said economic reform is needed if we want to unlock the full growth potential of the British economy.
I don’t know about you, but I’m sick of all of this.
Why can’t we just treat everybody the same and stop highlighting differences? It makes no sense in a world where we’re all supposedly equal.