Almost a year since companies were required to report on the gender pay gap, fifteen companies have today signed a commitment to work towards mandatory ethnicity pay gap reporting and encourage other businesses to do so as well. Signatories include the Bank of England, Deloitte, KPMG, WPP, Santander, Lloyds of London, Sodexo and EY. The...Read More

Bank of England governor Mark Carney has defended the pay gap between it’s male and female staff.  Men at the Bank of England are paid nearly a quarter more than the female staff, a bigger gap than the UK’s average pay gap. Based on their average hourly earnings, male staff earn 21 per cent more...Read More

Following Britain’s departure from the EU, The Bank of England have claimed that up to 75,000 jobs could be lost in financial services. The BBC report from economics editor Kamal Ahmed predicted the job losses for after the country leaves the European Union in 2019. Referencing senior figures, the broadcaster reported that Bank of England...Read More

The new £10 bank note featuring author Jane Austen is to be unveiled by the Bank of England. Mark Carney, Bank of England governor, will unveil the note at Winchester Cathedral on Tuesday. The unveiling also marks the 200th anniversary of the author’s death. Austen is best known for her six major novels – Sense...Read More

Tesco, the Bank of England and HSBC are urging for more people of BAME backgrounds to make it to the boardroom and across the workplace. The organisations have also backed a drive to improve career progression opportunities for people of Black, Asian and ethnic majority backgrounds. Other organisations that have signed the pledge to improve...Read More

The Bank of England has released its latest figures showing a gender pay gap of 26.4 per cent within the organisation. According to the new statistics, the median average salary a woman earned was £41,082, while the median salary for a man was £61,807. The figures are a slight improvement on the previous year, with...Read More

Employers are under pressure to recruit more female graduates, as it is revealed that less than 42 percent of graduate jobs are given to women. Women currently make up around 60 percent of all graduates but according to the Association of Graduate Recruiters (AGR) survey, the male-female gender imbalance has not improved in the last...Read More

Gain an unparalleled insight into global and UK banking Protecting the stability of the UK’s financial system is a vital job – and you can help us do it. Through the Prudential Regulation Authority, we promote the safety and soundness of over 1,700 financial firms operating in the UK. We help identify and mitigate potential...Read More