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Ivan Menezes, CEO, Diageo
Since becoming the CEO of Diageo (DGE.L) in 2013, Ivan has been passionate about driving inclusion and diversity at the company.
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In 2020 he launched a new 10-year sustainability action plan titled ‘Society 2030: Spirit of Progress’.
The plan laid out goals including increasing the representation of ethnic minorities in leadership positions to 45% by 2030, as well as increasing the percentage of Diageo suppliers from female and minority-owned businesses year-on-year.
2020 also saw the roll-out of a new learning intervention ‘Confronting Racial Bias Learning’, and the opening of Diageo’s fourth global ‘INC’ week; an employee-led, grassroots movement encouraging employees around the world to celebrate diversity.
UK banking industry to support customers who depend on cash long term
Thu, 13th May 2021 10:28
(Alliance News) - Banks and building societies have made commitments to preserve access to cash over the long term, trade association UK Finance has said.
Barclays Bank UK, Coventry Building Society, HSBC UK, Lloyds Banking Group, Nationwide Building Society, NatWest Group, Santander UK and TSB have signed up.
Together, these financial institutions represent 16 bank or building society brands.
The commitments provide certainty that access will be available for people and businesses to withdraw and deposit cash, both now and in the future, UK Finance said.
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The Bank of England’s (BoE) Monetary Policy Committee (MPC) has held interest rates at 0.1% and predicted that the economy will recover quicker than expected as the UK eases its way out of COVID-19 restrictions.
The BoE has lifted its forecasts and expects annual average GDP growth of around 7.25%, compared to its projection of 5% back in February.
It now projects that the economy will be back at pre-COVID levels by the fourth quarter of 2021.
Frances Haque, Santander UK chief economist, said: “The MPC’s decision to leave Bank Rate unchanged at 0.1% was expected given the path for lifting restrictions continues on track, along with a fall in infection rates supported by the swift rollout of the COVID-19 vaccination programme.