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<p>Under this government the gender pay gap has fallen significantly, with the gap
having fallen from 19.6% to 14.9% over the last decade.</p><p><strong> </strong></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 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>
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