Our attention was drawn this morning to a report on the BBC’s website about an idiotic move by Lloyd’s Bank (link below). If you own any of the bank’s shares, now is the time to sell them. The share price has fallen by 3% already today.
But we were particularly drawn to some truly nonsensical assertions at the end of the piece from Vince Cable, Business Secretary. This has prompted our new public challenge, in the form of a FoI request, seeking the ‘clear’ evidence to support his assertions:
We shall, of course, be publishing the response. DBIS – along with other government departments – has never been able in the past to supply any evidence of a causal link between driving up the proportion of women in senior roles, and enhanced financial performance, and we confidently expect them not to supply any evidence now.