Businesses that target ethnic minority support see 60 per cent better revenues, research finds

Firms that provide targeted support for ethnic minority groups earn on average 58 per cent more revenue than businesses that don’t, a study has found.

A report by Henley Business School, which analysed the earnings of 100 firms in the FTSE 350, found businesses that reported they had targeted racial equity measures in place earned an average of £5.6bn in revenue, compared to just £3.6bn for the firms that did not.

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