Is Legal & General a model of ‘inclusive capitalism’?

The company says the two words aren’t mutually exclusive. As it unveils its results, how’s it shaping up? James Moore investigates

Can Legal & General transform the City of London into a hub of “inclusive capitalism” (Getty)

The words “inclusive” and “capitalism” would seem to be mutually exclusive in a modern Britain where, per the High Pay Centre, the average CEO’s pay packet surpassed that of the median average worker’s on 6 January. 

And there were as many FTSE 100 CEOs named Andrew as there are women.  And where monochrome boards still aren’t anything like as rare as you’d hope.

But it can still be done, says Legal & General, the insurer and asset management group, which plastered the word all over its annual results statement. Give us time because we’re getting there.