Another survey, this time by the Equal Opportunities Commission (EOC), has highlighted the pay gap that exists between men and women in the workplace.

The latest figures from the EOC show that women working in the City earn 43% less than their male colleagues. This pay gap is more than twice as wide as the national average, which is 18%. The EOC found that women in financial services earned £23,500 a year on average, while men earned £41,000.

Shaun Springer, chief executive of City recruitment firm Napier Scott, said there could be a number of reasons. “Women tend to stay in their jobs longer than men, and the more you move, the more you’re paid. Also, pay is not always the absolute priority for a woman, whereas it can often be so with men.”