Source · Select Committees · Treasury Committee
Recommendation 17
17
Paragraph: 104
Financial services sector has the UK's largest and slowest-closing gender pay gap.
Conclusion
The financial services sector is well paid compared to many other industries, but it has the largest gender pay gap of any sector in the UK economy and that pay gap is reducing at such a glacial pace that it could take 70 years to close it at the current rate of progress. That is simply not good enough for such an important sector of the UK economy, and it is clear that further specific action targeted at reducing pay gaps is required.
Paragraph Reference:
104
Government Response
A response document is linked to this report, dated 14 May 2024. Response attribution to this conclusion has not been verified. Read the response document ↗