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20 November 2008
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Stonewall launches guide to help small businesses protect gay staff and access the £70bn ‘pink pound’

Stonewall has launched its first guide advising Britain’s four million small businesses how to become more gay-friendly. Gay People, Your Business is written in plain English and designed to be read in 15 minutes. It provides key advice and information on supporting lesbian and gay staff and gaining access to the ‘pink pound’, the spending power of gay people in Britain currently valued at £70bn a year. 

SME Guide front cover 

Gay People, Your Business is endorsed by the Federation of Small Businesses and has been funded by the Department for Communities & Local Government.

“Contrary to the picture sometimes painted, we know there are many small businesses wanting to do the right thing around equality,” said Ben Summerskill, Stonewall chief executive. “However, much guidance about equality is extremely lengthy and it’s all too often written in jargon. I’m delighted that we’ve succeeded in producing a guide that will be accessible to millions of small business owners.”

Stephen Alambritis, of the Federation of Small Business, said: “This guide is a ‘must-read’ for small businesses wanting to get their diversity policy on track and keen to take advantage of the pink pound. It’s an invaluable resource.”

Meg Munn MP, Minister for Women and Equality at the Department for Communities & Local Government, said: “Because 97 per cent of all businesses employ fewer than 20 people, the need to make them aware of the employment protections relating to sexual orientation is vital. We’re delighted to have had the opportunity to work with Stonewall on this vital initiative.”

Fifty thousand copies of Gay People, Your Business have been produced; half will be distributed through the Federation of Small Businesses. Copies can also downloaded from Stonewall’s website at www.stonewall.org.uk/work

Britain’s 1.7 million lesbian and gay workers have enjoyed legal protection against discrimination since December 2003. However, not all employers know this and some consequently risk employment tribunal claims. Small and medium-sized enterprises (of up to 250 staff) account for almost 60 per cent of UK employment.

Ben Summerskill said: “There are 3.6 million gay people in Britain – building a more positive reputation doesn’t just help gay staff. It can lead to more loyal customers and more business, all good news for the bottom line.”

For further information contact: Andy Forrest, Stonewall Communications Officer, (020 7593 1856 / 07985 439 660), Ben Summerskill, Stonewall Chief Executive, (020 7881 9446 / 07949 108798). Out of hours media enquiries 07985 439 660.

Copies of Gay People, Your Business can be obtained from the Federation of Small Businesses www.fsb.org.uk Further information about being gay at work is available at www.stonewall.org.uk/workplace

Notes

1. The 2003 Employment Equality (Sexual Orientation) Regulations made workplace discrimination against lesbian, gay and bisexual people unlawful. In spite of the regulations, Stonewall still deals regularly with people facing discrimination. Employment tribunals can award unlimited compensation to people who face discrimination or harassment at work on grounds of sexual orientation.

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