Rolling coverage of the latest economic and financial newsLatest: Gender pay gap statistics releasedFull-time pay gap has widened to 8.9% in 2019Gap among managers and directors jumps by 2%TUC: Too little progressNo gender pay gap for under-40sReal pay STILL below 2008 levels 1.41pm GMT This chart, from the ONS’s gender pay gap report, highlights how older women are hit hardest:Older women workers face a stubbornly high gender pay gap while for those under 40 it has narrowed to almost zero, latest official figures show.The Office for National Statistics (ONS) said the gap among all full-time employees stood at 8.9% in 2019, slightly up on 2018 when it was 8.6%.Gender pay gap remains stubbornly high for over-50s https://t.co/T5PHNWWDit 12.46pm GMT Jane Gratton, Head of People Policy at the British Chambers of Commerce, says there are several ways to tackle the gender pay gap — including flexible working and more affordable childcare.“Employers must identify and remove all barriers to training and career development opportunities to support women into senior level positions and enable parents and carers to thrive in skilled roles. “As part of our People Campaign, we are working with businesses to promote flexible working, but we need stronger government initiatives to break down the wider barriers. Ensuring access to quality, affordable childcare, better careers advice for young people, and funding for high quality apprenticeships and technical education would go a long way to helping women across all sectors.Our Head of People Policy @BCC_Jane on today’s @ONS gender pay gap data:”Employers must identify & remove all barriers to development opportunities for women. “Our People Campaign works with businesses to promote flexible working, but we need stronger government initiatives.” pic.twitter.com/kfcEoyk4OX Continue reading…
Via: UK's full-time gender pay gap widens – business live

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