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Closing gender pay gap could unlock £147bn from women in finance
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fnlondon.comWomen working in financial services could unlock up to £147bn of value for the UK economy by 2035 if wages increase and the gender pay gap shrinks, according to a report by the London Stock Exchange.
Analysis from the Centre for Economics and Business Research on behalf of the UK exchange found the contribution from women in the City to gross domestic product has nearly tripled from £22.6bn in 1997 to £64bn in 2022 – some 35% of the total UK finance sector's gross value added.
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