With only approximately six weeks to go until the second round of gender pay gap reporting, (30 March for public sector firms and 4 April for private and charitable firms) I understand at this stage that only around a tenth of eligible companies have reported their figures for 2018.

One of the poorest performing sectors at the moment is financial services, where several banks have a median gender pay gap in excess of 30%, with the largest being RBS with 36.8%.

The statics may improve as more companies continue to report by the deadlines, but in my view the gender pay gap will continue as companies are not obliged to explain, nor are they penalised for a lack of improvement, yet the Government says it will wait five years until it will review the legislation again.