Thought leadership

Ageing workforce

Coutts’ star banker in sexual harassment claims

A star banker at Coutts, the private bank used by the Queen, is at the centre of a series of complaints about sexual harassment. Harry Keogh was accused of lewd comments, heavy drinking and unwanted physical contact. The Bank said that an investigation had been carried out, and “decisive disciplinary action was taken.” Mr Keogh […]

Gender pay

Goldman Sachs reveals gender bonus pay gap of 57 per cent

Goldman Sachs has reported a median UK gender pay gap at its international business of 36.4% for hourly pay and a median bonus gap of 67.7%. Its mean average pay gap for hourly pay was 55.5%, and 72.2% for bonuses. The bank said this reflected an imbalance between men and women in senior roles, adding it […]

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IoD suspends it’s chair following accusations of racism and sexist bullying

The chairwoman of the Institute of Directors (IoD), Lady Judge, has been suspended pending an investigation into allegations of racist, sexist and bullying behaviour. Lady Judge contests the allegations, and has accused the IoD of smearing her reputation. The IoD met on Thursday to discuss the contents of a report it commissioned into her alleged […]

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Prezzo to close a third of it’s restaurants in rescue bid

Italian restaurant chain Prezzo plans to close about a third of its outlets in an attempt to rescue the business. The chain, which is owned by private equity firm TPG Capital, employs about 4,500 people. Prezzo is closing 94 restaurants – including all 33 outlets in its TexMex chain Chimichanga – leaving the firm with […]