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Stock impact report

Focus on UK gender pay gap slips after Covid-19 [Financial Times (FT.com) (UK)]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Financial Times
Lloyds Bank, above, still has a high proportion of men in senior roles © Getty ImagesAmy BellOctober 7, 2020Jump to comments sectionPrint this pageBe the first to know about every new Coronavirus storyFor many companies left reeling from the blow of Covid-19 in the spring, submitting gender pay gap data in time for the April deadline will have been low on the list of priorities.But then, less than two weeks before the deadline, the government lifted the requirement to report. As a result, nearly half of 10,000 eligible employers chose not to submit their figures.“In hindsight, [the suspension] looks like an overly hasty reaction,” says Denise Wilson, chief executive of the Hampton-Alexander review, the government-backed-body set up to increase female representation on boards.As this is the third year of reporting, the data will, in many cases, have already been compiled by companies, she says, andnot to report it sends the wrong signalsRecommendedSpecial ReportWomen in BusinessPandem Show less Read more
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