Nick Clegg to accuse banks of racism

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Source: The Guardian

The reputation of Britain's banks will take a fresh battering when the deputy prime minister accuses them of discriminating against members of ethnic minorities in the way they distribute loans and set interest rates.

Nick Clegg will challenge them to show they are meeting their responsibility to black people and will set up an inquiry into their practices, and what is holding budding black entrepreneurs back.

Andrew Stunell, the local government minister, and Lynne Featherstone, the equalities minister, are to bring together the banks, the Equality and Human Rights Commission, and the government's ethnic minorities advisory committee.

Delivering the Scarman memorial lecture, Clegg will argue banks are holding black people back from breaking "the last frontier" of racial economic equality.

Read more: http://www.guardian.co.uk/business/2011/nov/24/nick-clegg-british-banks-racist

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1. This is exactly what a nation should be doing that faced the riots England faced this summer. Good

on ya!

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2. Football 'Ceiling' Holds Back Black Players

Reference same speech today :

There is a racial "ceiling" in football which means black players can become stars on the pitch but few become managers, the Deputy Prime Minister will say today.

Nick Clegg will accuse FIFA president Sepp Blatter of "trivialising" the issue of racism in football in a speech to mark 30 years since the Brixton riots.

We need to rebalance our economy along racial lines.

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Firms owned by people of black African origin are four times more likely to be denied bank loans than companies owned by white people, Mr Clegg will say.

http://news.sky.com/home/politics/article/16116723

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3. Clegg: Young black men are more likely to end up in PRISON than at a top university

Reference same speech today :

Nick Clegg will today warn that hundreds more young black men are in jail than at top universities, in an explosive attack on race relations in Britain.

The Deputy Prime Minister will also use his speech in Brixton, South London, to accuse the banking sector and the sports industry of discrimination.

There are 400 more young black British men in prison than young black students at the elite Russell Group of universities, he will say.

Britain has 'come a long way', he will concede, but it is now up to businesses and industries to support talented people from ethnic minority backgrounds.

Read more: http://www.dailymail.co.uk/news/article-2065427/Clegg-Young-black-men-likely-end-PRISON-university.html#ixzz1ec9MUtP9