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Business of the House

This issue could also be raised in Treasury questions. My hon. Friend is absolutely right to point out that there is a great deal of concern about remuneration policies in the financial services industry. There has been concern about remuneration policies in relation to bonuses, which have appeared to reward failure and have involved huge figures. She also mentioned an unfairness: despite the fact that most of those who work in the financial services sector are women, it has the biggest gender pay gap of all sectors at 40 per cent. That is why I have asked the Equality and Human Rights Commission to carry out an investigation into pay discrimination in the financial services sector, which needs a root-and-branch overhaul in respect of remuneration.