UK lawmakers launch inquiry into sexism in finance

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British lawmakers have launched a fresh inquiry into sexism in the country's finance industry, parliament's influential Treasury committee said in a statement on Friday.

, how best to support diversity and combating sexual harassment and misogyny, the committee said.Crispin Odey was ousted

from his firm in June after allegations of sexual misconduct jointly reported by the Financial Times and Tortoise Media. Odey has denied the allegations. A previous inquiry by the Treasury committee called for firms to abolish 'alpha-male' cultures, remove the stigma of flexible working and encouraged firms to publish strategies for closing gender pay gaps.gender pay gap

across 20 of the biggest finance employers was 30.1% in favour of men in 2022, a Reuters analysis in April showed, compared to the UK average of 8.3%. "Has the culture in this highly paid sector shifted at all in the last five years? This is a subject of marked importance to our Committee and we look forward to beginning work on this important topic," said Harriett Baldwin, chair of the Treasury committee.Reporting by Iain Withers, Editing by Josie Kao

 

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