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Gender pay gap in the City

Women's bonuses could be half of what men receive in the City of London. Credit: Anthony Devlin/PA

Women working in the City expect to receive a bonus that's half of what is being paid to their male colleagues according to a new report. Recruitment firm Astbury Marsden found that female staff are anticipating payments of around £16,240 compared to £32,800 for men.

The gap is predicted to be even wider at senior levels, with female directors and other executives expecting an average bonus of £25,800, almost half of the £50,300 expected by their male counterparts.

The managing director of Astbury Marsden said this could be down to men filling the commission earning jobs: "The reality is that the sectors where there is a high reward culture are still male dominated with women often making up a larger proportion of the non-commission earning side of businesses such as HR or marketing.

"Trading floors for example, have a reputation for being largely a male environment and many women can be put off from applying to these types of roles."

DLR workers to vote over strike action

DLR workers will vote over strike action Credit: PA

Docklands Light Railway workers are to be balloted over strike action due to disputes over pay and conditions. Members of the Rail, Maritime and Transport union will vote in the coming weeks, with a result expected on May 12.

There are two separate disputes involving this year's pay deal for directly employed staff and another row over wages for employees at the facilities company Interserve.

RMT general secretary Mick Cash said: "Our reps are in no doubt that we need to send a clear message to management that staff are prepared to fight to demand decent rewards and recognition, a safe working environment, decent working conditions and will not be forced into accepting inferior pay arrangements."

Unemployment down in London

10,000 fewer people are out of work in the capital Credit: Philip Toscano/PA Wire

New figures from the Office for National Statistics reveal that unemployment has fallen in the capital.

Official figures show that 10,000 fewer people were out of work over the three months to February this year.

  • North West: down 20,000 to 209,000 (5.9% unemployment rate)
  • Yorkshire/Humber: down 17,000 to 166,000 (6.2%)
  • South East: down 13,000 to 195,000 (4.2%)
  • East Midlands: down 13,000 to 116,000 (4.9%)
  • Wales: down 12,000 to 92,000 (6.2%)
  • North East: down 11,000 to 100,000 (7.7%)
  • London: down 10,000 to 287,000 (6.2%)
  • West Midlands: down 1,000 to 172,000 (6.2%)
  • East of England: up 1,000 to 154,000 (5%)
  • Northern Ireland: up 3,000 to 53,000 (6%)
  • South West: up 7,000 to 126,000 (4.6%)
  • Scotland: up 9,000 to 167,000 (6%)
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