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<p>Under this government the gender pay gap has fallen significantly, with the gap
having fallen from 19.8% to 14.3% over the last decade.</p><p> </p><p>In 2017, we
introduced world-leading regulations requiring large employers to publish the differences
in average salaries and bonuses for men and women every year. This has ensured that
employers are aware of their gaps and are taking steps to close them.</p><p> </p><p>We
know that reporting is just the first step, but do not believe that setting arbitrary
targets or a timetable will help to drive the changes that we all want to see. The
causes of the gender pay gap are complex, and the wider societal shifts required to
close it will take time.</p><p> </p><p> </p>
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