Political

Nick Clegg’s social mobility drive wins backing from banks and law firms

The Evening Standard reports:

Banks and law firms in London today backed Nick Clegg’s campaign to open up recruitment to all social backgrounds.

The Deputy Prime Minister announced that Barclays, HSBC, Credit Suisse, RBS and a string of other City institutions have signed up to his “business compact” on internships, work experience and recruitment…

“This is an important step towards a society where it’s what you know, not who you know, that counts,” Mr Clegg said.

“Working with the Coalition, the biggest hitters in the City of London are helping lead the way to a fairer, more open society.

“By opening their doors to young people from all walks of life, this marks the start of a culture shift at the heart of British business, driven by the belief that ability and drive should trump connections and privilege.”

This follows initiatives with both the fashion and public relations sectors and fits well with Nick Clegg’s end of year message about creating an open society rather than one dominated by self-perpetuating elites.

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