Women will not be paid the same as their male equivalents for another 60 years at the current rate unless the issue is addressed, according to official figures published today.
The figures, based on an analysis by the House of Commons Library, show that in 1997 the pay gap between men and women was 27.5 per cent. Over the intervening years it has narrowed steadily – but in 2013 it rose for the first time, from 19.6 per cent to 19.7 per cent.
The gender pay gap means women earn only 80p for every £1 earned by men. At the current rate of progress, Labour says, it would take women more than 60 years to achieve financial equality with men – more than a century since the promise of equal pay was first made in Labour’s Equal Pay Act of 1970.