As for the Bank, for the first time there is a majority of women on the Monetary Policy Committee that sets interest rates. But having strong female voices in economics matters – as does encouraging people from less privileged backgrounds to embrace the subject. Male economists, it said, are more confident in expressing a view than women, even in areas where both are experts. In the City, off-putting aspects for women include the macho bonus culture, long-hours, testosterone-fuelled deal-making, and boozy dinners. Men are more careful about their behaviour and language after some high-profile scandals, including at the CBI and Odey Asset Management.

Source: Daily Mail March 04, 2024 18:09 UTC