Love them or hate them, this is perfect territory for the Mail:
They are:
- anti woke (just look at the inevitable "stop the world I want to get off" reader comments
- anti-cancel culture and keen to protect press freedoms. Calls for greater media regulation tend to come from the "liberal left".
- focussed on smaller investors, ie their readers, rather than City power brokers.
Underlying everything is this mammoth conflict of interest. Stonewall is a lobbying organisation. Fair enough. But what is a lobbying organisation doing so entrenched within government, legal, educational, and commercial structures, providing training, writing guidelines, handing out compliance awards. Since when did LGBT+++ become a synonym for diversity.
Many years ago a bright well qualified friend (she had worked in Brussels then as a Councillor) was selected to stand as a Conservative candidate in a no hope Welsh seat. Her job, essentially, was to canvass sufficiently that voters were aware of Tory polices and give the message that the party was not ignoring them. Her solution was to invite friends to spend a weekend knocking on doors. I was not a Tory voter but liked the idea of a girls weekend in Wales. However as a very junior employee in a Government Agency operating only in England, going would have been a sackable offence.
Fair enough. Impartiality is important. But I really don't understand why it is then acceptable for the Stonewall Chair to hold a very senior position within the Financial Conduct Authority, who are responsible for regulating the British banking industry. No wonder NatWest got it wrong. The Government themselves show every sign of having delegated equalities policies to Stonewall.