Committee laments failure in tackling gender pay gap
The UK government will not achieve its goal of bridging the gender pay gap within a generation, if it persists in ignoring evidence of the deeply entrenched structural reasons for lack of parity, according to the Women and Equalities Committee. (Independent)
Lone Star selected for final round of Novo Banco talks
The Bank of Portugal has selected Lone Star for a “concluding round” of talks to finalise terms regarding the proposed sale of Novo Banco. The US private equity firm has agreed to inject fresh capital of €1bn as part of its plan to buy a 65% stake in the country’s third largest lender. (FT)