Financial services called out for highest gender pay gap in UK

Pay gap of 31% between men and women

Laura Dew
clock • 1 min read

The UK financial services sector has been found to have the largest pay gap between male and female employees, with a median of 31%, according to the government pay gap registry.

According to the Financial Times, this information is logged by 126 companies and public sector organisation on the government's pay gap registry. All companies with more than 250 employees must publish their gap for median and mean wages and bonuses, as well as the percentage of men and women receiving bonuses. Private sector firms have until 4 April to file this information.  'Restart' scheme launches to help women return to the investment industry Six of the firms who have already filed information were from financial services, including Virgin Money and TSB. The median pay g...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Most investors say managers behind shy active ETFs 'mislead' the market

Most investors say managers behind shy active ETFs 'mislead' the market

2024 a record year for European ETFs

Patrick Brusnahan
clock 30 May 2025 • 1 min read
EquitiesFirst's James Mungovan: Time to let private credit fund public growth

EquitiesFirst's James Mungovan: Time to let private credit fund public growth

Escape from low-growth trap

James Mungovan
clock 28 May 2025 • 3 min read
Global Investment Management Summit: Speaker line-up includes City minister, Jeremy Hunt and FCA

Global Investment Management Summit: Speaker line-up includes City minister, Jeremy Hunt and FCA

Investing through complexity, accelerating future growth

Investment Week
clock 27 May 2025 • 2 min read
Trustpilot