Childcare and chores leave professional women burned out during pandemic May 19, 2021 Female professionals in the UK have suffered a huge hit to their work-life balance during the pandemic, with many feeling burned out after juggling childcare, housework and heavy workloads for the last year. Research by Deloitte quizzed 5,000 women in 10 countries, including 500 white-collar women in the UK, and found the pandemic and subsequent [...]
Women of the City: Ayesa Latif at Citi April 15, 2021 In this series, City A.M. zooms in on a range of successful women in the Square Mile, some being movers and shakers in their respective fields – rule makers, not rule takers – while others are rising stars worth keeping an eye on. Today: Ayesa Latif, managing director, head of EMEA electronic FX Sales at [...]
Women of the City: Joanne Hannaford at Goldman Sachs April 7, 2021 In this series, City A.M. zooms in on a range of successful women in the Square Mile, some being movers and shakers in their respective fields – rule makers, not rule takers – while others are rising stars worth keeping an eye on. Today: Joanne Hannaford, head of engineering in EMEA and head of regulatory [...]
ITV chief Carolyn McCall takes 20 per cent pandemic pay cut March 24, 2021 The chief executive of ITV took a 20 per cent pay cut to her basic salary for seven months during the Covid-19 pandemic, according to documents. Dame Carolyn McCall’s voluntary decision emerged as the broadcaster revealed the gender pay gap at the organisation grew during 2020 although its ethnic diversity pay gap shrank. The boss [...]
More than half of PE and VC firms have all-white investment teams March 17, 2021 Private equity and VC firms are making great strides with gender diversity but the industry is still significantly lagging on ethnic minority representation, according to new research. Analysis by the British Venture Capital and Private Equity Association (BVCA) and Level 20 reveals all male investment teams have declined from 28 per cent in 2018 to [...]
Diversity blow: UK banks lost 10,000 women in 2020 March 12, 2021 The number of women at the UK’s five biggest lenders shrank by three per cent during 2020, according to new Bloomberg data. Men saw a decline of around 2.1 per cent as banks pushed ahead with long-planned cuts and navigated the Covid-19 crisis. At NatWest, roles filled by women fell by nine per cent compared [...]
ACCA’s Helen Brand shares why equality in business is key March 11, 2021 On Monday it was International Women’s Day…a day which should be celebrated all year round as it’s where globally we celebrate women’s achievements while calling out inequality and the work that still needs to be done. To mark the occasion, ACCA’s chief executive Helen Brand has taken part in a Q&A to share with City [...]
Deloitte diversity chief ‘facing internal investigation over bullying claims’ March 5, 2021 Deloitte’s deputy chief executive and diversity champion Dimple Agarwal is facing an internal probe over allegations of bullying. Agarwal, head of “people and purpose” at the Big Four auditor, is facing complaints from staff over inappropriate working practices such as communicating aggressively and making employees attend extremely early meetings, the Telegraph first reported. Having joined [...]
Goldman Sachs and Rolls Royce team up with Code First Girls to help close gender skills gap February 25, 2021 Goldman Sachs, Rolls Royce and Bank of America, among others, are teaming up with Code First Girls, a UK group dedicated to closing gender skills gaps and bringing women into technology roles. Code First Girls will provide mentorship programmes along with up to £10,000 in free education to women undertaking technology related training courses. The [...]
Win for diversity as all-male boards disappear from the FTSE 350 February 19, 2021 There are now no all-male boards across the entire FTSE 350, according to the latest data compiled by the 30% Club.