'Hire more senior women to get your bonus' says top CEO

The bonuses of City executives should be related to the amount of senior females at the firm, proposes a government-supported report.

The review of women in finance was announced by George Osborne in July as part of the government’s productivity plan. It was led by Virgin Money CEO Jayne-Anne Gadhia. Linking pay to gender balance was not the only suggestion in the preliminary report.