Here in the UK, the pay gap remains at 19.2%, meaning that, on average, women earn 80p for every £1 earned by men.

As it stands, women over the age of 40 are most affected, with those between 50 and 59 facing a 27% gap.

The Women and Equalities Select Committee says that the government is “complicit in a system that is undermining productivity and perpetuating the gender pay gap.”

“The gender pay gap is holding back women and that isn’t going to change unless the Government changes its policies now,” says Conservative MP Maria Miller.

“The pay gap represents a massive loss to the UK’s economy and we must address it in the face of an ageing workforce, a skills crisis and the need for a more competitive economy.”

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