Women earn 60% less than men in finance - report

According to the Equality and Human Rights Commission (EHRC), the pay gap is more than twice the national average despite an equal number of working men and women. It says in 2007/8 70% of men in the sector earned more than £29,400, while 70% of women earned less that £29,500. Women working in the fund management, stock broking and futures trading arenas suffer the most, it concludes. The report, which is the first stage of the EHRC's inquiry into pay in the finance sector, also revealed 28% of those working in professional occupations in the financial sector are women, compared with ...