COMMONS

Women in the City

"Committee calls for greater female representation in the City to challenge ‘groupthink’"

On 8 August 2009 the Treasury Committee announced an inquiry on the role of women in the City. The inquiry was prompted by the Committee’s work on the Banking Crisis, which shone a spotlight upon the City of London and the need for reform to increase financial stability, including improving corporate governance within financial institutions.

Report and oral and written evidence | Press notice

The Government has published its response to the Treasury Committee's Tenth Report of Session 2009-10 on Women in the City.

The Equalities and Human Rights Commission also published its response to the Treasury Select Committee Report: Women in the City.

Background to inquiry

On 8 August 2009 the Treasury Committee announced a new inquiry on the role of women in the City.

Topics within the inquiry included:

  • The proportion of women occupying senior positions in major financial institutions and the extent of glass ceilings to promotion;
  • pay inequalities;
  • the prevalence of flexible working practices;
  • the extent to which the culture of the City is sexist, and the prevalence of sexual harassment and exploitation.

The committee held the following oral evidence sessions (please click on the link at the top of the page to access the transcripts of these sessions):

Wednesday 14 October, 2.30pm, Wilson Room, Portcullis House

Witnesses: Dr Daniel Ferreira, Reader, Department of Finance, London School of Economics, Professor Charles Goodhart, Professor Emeritus of Banking and Finance, London School of Economics, Kat Banyard, Campaigns Officer, Fawcett Society; Nichola Pease, Deputy Chairman, J O Hambro Capital Management, Dr Ros Altmann, Sandra Curtis, and Clare Dobie, President, Women's City Network; John Last, HR Director for Policy and Employment, Royal Bank of Scotland, Sharron Gunn, Director, Member Services, Institute for Chartered Accountants in England and Wales, and Cathy Turner, Group HR Director, Barclays

Tuesday 20 October, 9.45am, Committee Room 8, Palace of Westminster

Witnesses: Trevor Phillips OBE, Chairman, and Baroness Prosser, Deputy Chairman, Equality and Human Rights Commission, Sarah McCarthy-Fry, Exchequer Secretary, HM Treasury, and Rt Hon Harriet Harman QC MP, Minister for Women and Equality

Publications

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    Glossary

    • Reports and associated evidence – Reports of Committee inquires. This category may also include Special Reports where they are used by a Committee to bring matters relating to conduct of its business to the notice of the House.
    • Responses to Reports - Responses may be published as a Special Report, or as a Command Paper. They may also be appended to a Report should the Committee have substantial comments on the Response, in which case they can be found listed under Reports. 
    • Other oral and written evidence - Evidence taken by the Committee that has yet to or did not result in the publication of a Report. This includes transcripts of recent meetings.
    • Estimate Memoranda - An Estimate memorandum is an explanatory note that accompanies a government department’s estimate (a means by which a department seeks authority from Parliament for its spending plans).
    • Correspondence - Correspondence sent from or received by the Committee or its Chair.
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