New research from the Bank of England argues central banks should publish diversity pay gaps as an example to the firms they supervise, as well as tackling broader pay gap issues.

Zahid Amadxarif et al note that presently “only a handful of countries” internationally require companies to publish gender and ethnicity pay gaps.

“There is a strong case for reporting diversity pay gaps, on an internationally harmonised basis, to allow cross-country as well as cross-company comparison,” the