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At U.K. Investment Management Firms, Gender Pay Gap Widens

  • All other industries with the biggest gaps made some progress
  • Women hold less than a quarter of highest paying jobs in field
Commuters walk across London Bridge in London, U.K.
Photographer: Chris Ratcliffe/Bloomberg

The industries in the U.K. with the widest disparities in how much women make compared with men are making modest progress on closing their pay gaps -- with one notable exception.

Women who work as investment managers make, on average, 31% less than men, an increase of 0.8% since the government started collecting data in 2017, finds a report out Wednesday by PwC. Only banking has a wider pay gap, where women make 32% less than men, but that figure has decreased by around 1% compared with two years ago.