Is this racist?banker claims black people are just not clever

Socialism and communism are often sadly confused. Einstein obviously did not support communism, but he was indeed a socialist.

1) First of all, Black Africans are among the most credentialed in the UK (university-level):
http://www.ethnicity.ac.uk/medialibr...n-changing.pdf

2) Black Africans are almost exactly represented at Russell Group universities according to their proportion of the British population
https://62e528761d0685343e1c-f3d1b99...1396964830.jpg

3) For young elite* British people:
It should be noted that "Once educational characteristics are taken into account, most ethnic minority groups have a higher likelihood of being unemployed than their White peers."

but looking at raw data:

"Some groups, such as Indians and Black Africans, manage to have higher earnings than their White peers"

and

"The results from these models show that employed graduates in the Indian and Black African groups do better than their White peers. However, female Bangladeshi graduates have lower earnings than their White peers. In most instances, male graduates’ earnings compared to their White peers were higher than females’, especially for Indian graduates."
http://www.runnymedetrust.org/upload...IsntEnough.pdf
* elite - those educated at Russell Group unis

and 4) Black African children perform on par with white British children at the GCSEs
https://www.gov.uk/government/upload...Text_FINAL.pdf [page 10]

The data suggest a factor of ethnicity/culture, not race or skin colour, is playing a part in differential outcomes among British youths. This can be reasonably inferred, as Black Caribbean children do not show similar performance for items 1 to 4. We could lazily blame culture, or we could consider that time-of-arrival in the UK/social class in native country may play a role in employment/educational outcomes in British immigrant communities, but that would require much more advanced statistical data analysis, and less alarmist newspaper headlines - and who wants that?

Sincerely,
coutingdown,
STEM Ph.D.