Business and enterprise are part of the UK fabric. Ethnic diversity has also become a recognisable feature of the UK population demographics. In London, where there is both a high proportion of ethnic minorities, particularly Black and Asian people, and entrepreneurial activity, ethnic diversity in business is brought into sharp focus.
This paper focuses on ethnic diversity in business and what is needed to remove the barriers impeding minority-led business success. The report looks at the correlation between demographics of individuals from ethnic minority backgrounds and subsequent success in business and highlights the problems that ethnic minorities face accessing finance and procurement opportunities.