Commission on Race and Ethnic Disparities - Statement

Part of the debate – in the House of Lords at 1:26 pm on 21st April 2021.

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Photo of Lord Sikka Lord Sikka Labour 1:26 pm, 21st April 2021

My Lords, in 2020 the big four accountancy firms had 11 black partners out of a total of 3,000. Deloitte had one, Ernst & Young and KPMG had two each and PricewaterhouseCoopers had 6. The big eight accountancy firms have only 17 black partners out of a total of 4,000. There is also an ethnicity pay gap of up to 37%. Is the noble Baroness concerned? If so, will she order an independent investigation into big accountancy firms?