Why British bosses still love DEI

City of London regulators have announced they will not be bringing in new diversity and inclusion rules for financial firms.

Decision comes in the wake of US president Donald Trump ’s stated commitment to end the tyranny of so-called diversity, equity and inclusion policies.

US businesses seem to have got the message, too.

Target, Facebook, WalMart , Amazon and McDonald's have recently all shelved their own DEI policies.

There has since been an exodus from the scheme, with government departments and countless employers withdrawing.

Some left-wing champions of DEI have started to express doubts about the divisive impact of identity politics in general.

But the pushback against DEI , especially among our cultural elites, remains very tentative.