Working mums in the City 'worth less than men'

Women who take time out to have children are worth less to City firms than men, UKIP leader Nigel Farage told a meeting in the City earlier this week.

Women who take time out to have children are worth less to City firms than men, UKIP leader Nigel Farage told a meeting in the City earlier this week.

Farage said there was no longer any discrimination against women in the City, but that any gender imbalance was due to women making "different choices" due to "biological reasons".

He said: "I don't believe that in the big banks and brokerage houses and Lloyds of London and everyone else in the City, I do not believe there is any discrimination against women at all. I think that young, able women who are prepared to sacrifice family life and stick with their careers do as well, if not better, than men."

He added that women who took time out for children were worth less than men because their "client base cannot be stuck rigidly to [them]."

His views were countered by the Maternity Action Group who said they would make life "more difficult" for working mothers.

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