Business and Economy

High Street Names Report Gender Pay and Bonus Gaps of up to 100%

A report by The Equality Trust finds that Rush Hair Ltd (69.2%), Yours Clothing Ltd (59% and bonus gap: 88%), HSBC Bank PLC, (55.1% and bonus gap: 68.5%) and Easyjet Airline Company Ltd (54.7%) boast some of the highest gender pay and bonus gaps. 

Other high street names that reported high gender pay gaps in 2019, chose not to report this year, such as Sweaty Betty  (63.9%), Virgin Atlantic Ltd (58.9%), Karen Millen Fashions Limited (53%) and Monsoon (50.8%).

Beyond Bailouts: The Equality Trust signs a letter to Prime Minister

The Equality Trust has joined 30 civil society organisations in writing to the Prime Minister demanding that details of Government bailouts be made public post COVID19. Britain needs an economy rebuilt on solid foundations to emerge from this crisis healthier and stronger. Part of this must be a change in how companies operate. Putting conditions on public bailouts paves the way for this to happen. 

You can read the full letter below:

The Rt Hon Boris Johnson MP

The Equality Trust Calls for Full Pay Transparency on 50th Anniversary of the Equal Pay Act 1970

Fifty years after the Equal Pay Act 1970 was passed, The Equality Trust is calling for full transparency of pay structures. At a conference to mark the 50th anniversary of the passage of the Equal Pay Act 1970, the national charity will release a report into pay discrimination in the FTSE 100 entitled “Fifty Years is Long Enough: A Report by The Equality Trust into Unlawful Pay Discrimination”. 

The key findings are that: