The UK government has announced plans to introduce legislation requiring companies with 250 or more employees to disclose their ethnicity and disability pay gaps. This move, part of Prime Minister Keir Starmer’s agenda for the upcoming year, was unveiled by King Charles III and signals a significant shift towards greater workplace equality. Extending Equal Pay Rights The proposed race and disability equality bill will, for the first time, mandate British businesses to report on the pay disparities affecting ethnic minority and disabled workers. Previously, companies were only required to report
Social media influencers with darker skin tones and curlier hair textures earn substantially less than their counterparts, according to research from SevenSix Agency, a UK-based talent-management firm. Influencer Pay Gap: The Impact Of Skin Tone And Hair Type The report, published on June 4, surveyed 300 influencers of varying ethnic backgrounds, including Arab, Black, East Asian, Latinx, South Asian, and Southeast Asian, alongside their white counterparts. The findings show that influencers with a “deep dark” skin tone earn 44.63% less than those with a “light skin” tone. This pay gap
Black British anti-knife crime activist Shaun Thompson, 38, has launched a legal challenge against the Metropolitan Police. The police detained the 38-year-old after live facial recognition technology wrongly identified him as a suspect. ‘Stop and search on steroids’ Thompson, who volunteers with the Street Fathers youth outreach group, described the system as ‘stop and search on steroids’ following his 20-minute detention at London Bridge station earlier this year. Returning from a volunteer shift in south London, Thompson was wrongly flagged as a suspect on the Met’s facial recognition database, leading
Brand new Techish! Hosts Abadesi and Michael dive into: Starbucks and Apple are in their flop era Women on Bumble no longer have to make the first move Bank of America employees to strike following death from overwork The decline of the UK Listen on Spotify or Apple podcast also. Watch On YouTube
British legal tech company Definely has raised a $7 million (£5.6 million) Series A investment round to advance its GenAI proposition that helps draft, edit, and understand legal documents. Last year, the Microsoft- and Google-backed company released Vault. This tool leverages AI and OCR technology to analyze and extract key information and clauses from an organization’s internal contract repository. Vault then makes this information readily available to users directly within their documents, exactly when and where it’s needed. One Of The 50 Fastest-Growing Tech Companies In The UK Founded by two former
Wray & Nephew, the renowned Jamaican rum brand, has partnered with Foundervine to launch the third iteration of their ‘Wray Forward’ program. Research by Wray & Nephew found that 68% of Black entrepreneurs in the UK experience a lack of business tools and resources. Additionally, 76% think that having early access to the right tools could have accelerated their success. A fifth of Black entrepreneuers also needed help with fundraising. These findings underlined the need for support in the Black entrepreneurial community. The ‘Wray Forward’ Initiative The ‘Wray Forward’ initiative connects Black entrepreneurs
Belong, a London-based fintech startup has recently launched out of stealth, following a €3.4 million ($3.6 million) pre-seed funding. This achievement marks the largest pre-seed round ever raised by female founders in Europe. Helping millenials build wealth Millennials are the first generation in history to be worse off than their parents financially. Belong was established in 2023 by former investment banker Avion Gray and behavioral economist Samantha Rosenberg to change this. Nick Hungerford, a pioneer in European fintech, brought together co-founders Gray and Rosenberg. Hungerford’s legacy continues to influence the company, even after passing in July 2023. “We
Nearly 9 in 10 (87%) firms in the UK now prioritize Diversity, Equity, and Inclusion (DEI), a new report claims, with AI tools playing a significant role in this transformation. The findings come from a recent Workday survey, Global Blueprint for Belonging and Diversity, with views from CEOs and leaders in HR, IT, and finance. Can AI Support DEI Programs? The report found that overall, having the right technology stack is essential and can be critical in enabling DEI. In particular, it was found that there is a significant correlation between AI adoption and effective
Tech founder and major political donor Frank Hester reportedly said that looking at Diane Abbott, Britain’s longest-serving Black Member of Parliament (MP), made him “want to hate all Black women” and that she “should be shot.” Hester, the founder and CEO of software company The Phoenix Partnership (TPP), donated £10 million ($12.8 million) to the Conservative Party last year. What Happened? The Guardian reports that Hester made the remarks about Abbott during a 2019 meeting. His comments have sparked widespread outcry, raising serious questions about racism within the tech industry and
The UK’s biggest companies are slowly adding more diversity to their top roles. The Parker Review examined 350 major UK businesses. It found increased representation of people from ethnic minority backgrounds but noted there is still room for improvement. The Parker Review The Parker Review discovered that there are now 12 ethnic minority chief executives and seven Chairs in the FTSE 100, which lists the top 100 companies in the UK. This is an improvement from seven CEOs and six Chairs in 2022. However, in the bigger picture, only 13% of the
