Economics

U.K.'s Underpaid Ethnic Minority Workers Lose $4 Billion a Year

  • BAME employees paid significantly less than white counterparts
  • Resolution Foundation calls for mandatory reporting of pay gap
Shoppers walk down a traffic free Oxford Street, in London, U.K., on Saturday, Dec 5, 2009. London’s West End shopping district has been insulated from the U.K.’s longest recession on record by foreign tourists attracted by the pound’s weakness, according to Carnaby Street’s biggest landlord.Photographer: Frantzesco Kangaris
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Black, Asian and minority ethnic workers in Britain are losing out on 3.2 billion pounds ($4 billion) a year because they are paid less than their white counterparts, according to the Resolution Foundation.

A study by the London-based think tank published Thursday found that even after controlling for differences in qualification levels and the type of work, so-called BAME employees still face significant differences in their pay.