A senior official at the UK’s Financial Conduct Authority has said Black people working within the financial services industry are often subject to “subtle and insidious” forms of racism.

Speaking on April 22, the FCA’s executive director Sheldon Mills noted many Black people face non-overt forms of racism that has prevented many from being able to succeed – “whether that is individuals being surprised because Black people speak a certain way, assuming they are the most junior team members or