Why Brown Shoes Can Ruin Your Career in London Banking
- Some City recruiters frown on candidates wearing brown shoes
- Study released as government’s new social-mobility group meets
Pedestrians look at the view of the Canary Wharf financial, shopping and business district, from Greenwich Park in London.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
The British investment-banking industry is underpinned by entrenched elitism that blocks people from lower-income backgrounds winning jobs on the basis of ability, according to a report by a government advisory body.
Recruiters seeking polished candidates who speak and dress a certain way often discriminate against applicants on the basis of details including shoe color and where they went to school, the report found.