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Banks and law firms worst on gender pay gap as ‘old boys’ hiring still rampant

At banks, women earn around 60p for every £1 men earned. For big law firms, the gap was even wider

Analysis of the average UK gender pay gap at City companies shows that banks and law firms fall behind other finance firms
Analysis of the average UK gender pay gap at City companies shows that banks and law firms fall behind other finance firms Photo: Chris J. Ratcliffe/Getty Images

When it comes to the City closing the gender pay gap, top law firms and banks have the steepest hills to climb.

Analysis of the average UK gender pay gap at City companies including investment banks, fintechs, asset managers, financial regulators, Big Four accountants, and law firms by Financial News shows that banks and law firms still lag the rest.

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